NEW YORK — Stocks that moved substantially or traded heavily Wednesday:

FedEx Corp., up $8.53 to $251.07

The shipping company raised its profit forecast after a strong start to the holiday season.

Micron Technology Inc., up $1.77 to $45.75

The chipmaker’s profit and revenue were better than analysts had expected.

Union Pacific Corp., up $1.44 to $134.68

Industrial companies did better than the rest of the market on Wednesday.

Philip Morris International Inc., down $2.68 to $104.37

Reuters reported on irregularities with clinical studies on the company’s iQOS smoking device, which is being reviewed by regulators.

Red Hat Inc., down $6.86 to $122

The open-source software maker had a solid third quarter, but gave up some of its recent gains.

Winnebago Industries Inc., down $2.65 to $54.75

The recreational vehicle maker had a solid quarter but said its motorized business struggled.

Spectrum Brands Holdings Inc., up $6.98 to $115.25

The consumer products company said it is in talks with its biggest shareholder, HRG Group, about combining.

Salesforce.com Inc., down 87 cents to $103.39

Technology companies, the biggest winners on the market this year, fell Wednesday.

Author photo
The AP is one of the largest and most trusted sources of independent newsgathering. AP is neither privately owned nor government-funded; instead, as a not-for-profit news cooperative owned by its American newspaper and broadcast members, it can maintain its single-minded focus on newsgathering and its commitment to the highest standards of objective, accurate journalism.