Western Digital, Lumentum rise; ON Semiconductor, Revvity fall, Monday, 10/30/2023

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Stocks that are trading heavily or have substantial price changes on Monday: Western Digital, Lumentum rise; ON Semiconductor, Revvity fall.

The maker of hard drives for businesses and personal computers gave investors an encouraging financial forecast.The maker of scientific instruments reported disappointing third-quarter earnings and revenue.The semiconductor components maker gave investors a weak profit and revenue forecast for the current quarter.

The flooring maker beat Wall Street’s third-quarter financial forecasts.The real estate company, which focuses on medical and life sciences properties, is buying Physicians Realty Trust.The financial technology company raised its revenue forecast for the year.Realty Income is buying the real estate investment trust.The optical networking products maker is buying Cloud Light.

 

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