U.S. stocks on the move: Albertsons, GlobalFoundries, American Electric Power, Fastenal
ACI•Albertsons shares fell after Bank of America cut its rating and price target, while GlobalFoundries rose on a $21 billion Japan investment for chip factories. American Electric Power climbed on a Google power pact and $4 billion investment, and Fastenal fell after Q3 results.
1. Shares move on news
Albertsons shares fell after Bank of America cut its rating to underperform and lowered its price target. GlobalFoundries shares rose on a $21 billion Japan investment for chip factories.
2. Other stock moves
American Electric Power shares climbed on a Google power pact and a $4 billion investment. Fastenal shares fell after its Q3 results.
