Costco, Delta Air Lines fall; QuantumScape, MicroStrategy rise, Thursday, 7/11/2024

NEW YORK — Stocks that traded heavily or had substantial price changes on Thursday:

Costco Wholesale Corp. (COST), down $27.76 to $856.55.

The warehouse club operator is raising its membership fees for the first time in seven years.

Citigroup Inc. (C), down $1.06 to $65.92.

Government regulators slapped the bank with a $135.6 million fine, citing insufficient progress in resolving internal control and risk issues.

Delta Air Lines Inc. (DAL), down $2.62 to $44.25.

The airline’s second-quarter earnings and revenue fell short of Wall Street forecasts.

Conagra Brands Inc. (CAG), down 70 cents to $28.12.

The maker of Slim Jim, Swiss Miss and other food products gave investors a weak earnings forecast for its fiscal year.

AZZ Inc. (AZZ), up 75 cents to $77.26.

The electrical equipment maker’s first-quarter earnings beat analysts’ forecasts.

Northern Technologies International Corp. (NTIC), down $1.19 to $14.52.

The rust and corrosion prevention company’s fiscal third-quarter earnings fell short of analysts’ forecasts.

QuantumScape Corp. (QS), up $1.57 to $6.98.

The electric car battery maker announced a deal with Volkswagen’s PowerCo to industrialize solid-state batteries.

MicroStrategy Inc. (MSTR), up $28.33 to $1,334.05.

The business software company announced a 10-for-1 stock split.

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