Hertz and Hain Celestial fall while Citigroup and Fox rise
Stocks that moved substantially or traded heavily Tuesday:
Citigroup Inc., up $2.50 to $71
The Wall Street Journal reported that activist investment firm ValueAct Capital bought $1.2 billion in Citigroup stock.
Twenty-First Century Fox Inc., down 5 cents to $37.99
Reuters reported that Comcast intends to make a new, all-cash offer for the businesses Fox agreed to sell to Disney.
Xcerra Inc., up 40 cents to $13.24
The chip testing equipment maker accepted a cash and stock offer from rival Cohu worth $13.92 a share, or $764 million.
Zillow Group Inc., down $1.10 to $54.50
Investors were disappointed with the online real estate marketplace's forecasts for the current quarter.
Fiesta Restaurant Group Inc., up $2.80 to $24.65
The company said business at both its Pollo Tropical and Taco Cabana has continued to improve.
Hertz Global Holdings Inc., down $4.15 to $18.01
The car rental company's quarterly profit fell far short of expectations and its operating costs increased.
Hain Celestial Group Inc., down $1.19 to $27.45
The organic and natural products maker had a disappointing fiscal third quarter.
Valeant Pharmaceuticals International Inc., up $1.61 to $19.77
The drugmaker had a solid first quarter and said it will change its named to Bausch Health Cos.