Company News for Jun 20, 2024

  • Shares of La-Z-Boy Incorporated (LZB) surged 19.4% after the company reported fourth-quarter fiscal 2024 earnings of $0.95 per share, beating the Zacks Consensus Estimate of $0.68 per share.

  • Lennar Corporation’s (LEN) shares declined 5% after the homebuilder forecast lower-than-expected home deliveries in the third quarter.

  • Shares of NextEra Energy, Inc. (NEE) declined 2.6% after the company said that it plans to sell around $2 billion worth of equity units at $50 each.

  • Texas Instruments Incorporated’s (TXN) shares gained 0.7% on the broader semiconductor rally.

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