Axcelis, Axonics rise; CommVault, Ichor Holdings fall

January 11, 2023 GMT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday:

Wells Fargo & Co., up 38 cents to $42.74.

The bank said it will shrink its home mortgage business.

World Wrestling Entertainment Inc., down 74 cents to $89.50.

Stephanie McMahon resigned as chairwoman and co-CEO of the professional wrestling events and television producer.

Axcelis Technologies Inc., up $2.36 to $95.44.

The supplier of equipment for the semiconductor industry gave investors an encouraging financial update.

Ichor Holdings Ltd., down 93 cents to $28.74.

The semiconductor equipment maker warned investors that weak demand is hurting revenue.

Axonics Inc., up $5.92 to $61.76.

The bladder and bowel control therapy company expects fourth-quarter revenue to beat Wall Street forecasts.

Victoria’s Secret & Co., up $4.24 to $38.50.

The lingerie retailer announced a new $250 million stock buyback program.


CommVault Systems Inc., down $9.28 to $55.46.

The data-management software company expects its fiscal third-quarter earnings and revenue to fall short of analysts’ forecasts.

Intuitive Surgical Inc., down $11.40 to $259.96.

The maker of robotic surgical equipment gave investors a disappointing fourth-quarter revenue update.