Target and Stride rise; Coherent and Tower Semiconductor fall, Wednesday, 8/16/2023

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Target and Stride rise; Coherent and Tower Semiconductor fall, Wednesday, 8/16/2023
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Stocks that are trading heavily or have substantial price changes Wednesday: Target and Stride rise; Coherent and Tower Semiconductor fall.

The retailer reported strong profits despite a backlash by some shoppers against its Pride month promotions.The online education company blew past analysts’ third-quarter profit projections.The Israeli chip manufacturer and Intel called off their $5.4 billion merger after Chinese regulators opposed it.The networking and laser company’s financial forecast came in well below Wall Street targets.The tax preparer beat analysts’ fourth-quarter sales and profit forecasts.The owner of T.J.

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