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Here are some of the day’s biggest movers:
Stock gainers:
Apple stock
AAPL,
inched 0.1% higher ahead of the presentation of its new iPhone. The stock has dropped 5% over the last five sessions on China concerns.
Shares of convenience-store chain Casey’s General Stores Inc.
CASY,
were up 4% after its first-quarter per-share profit and same-store sales inside its retail locations topped Wall Street’s estimates.
WestRock
WRK,
stock jumped 8% to $36.84, after agreeing to merge with Smurfit
SKG,
in a deal the companies say is valued at $43.51 per WestRock share. The terms call for the Irish acquirer to hold 50.4% of the combined company. The bid is one Smurfit share plus $5 in cash for each WestRock share.
Stock decliners:
Oracle Corp. shares
ORCL,
dropped 9% after the cloud database company’s issued revenue outlook fell below Wall Street expectations.
