Blackbaud, Acuity Brands rise; AXT, KalVista fall

NEW YORK – Stocks that were heavily traded or had big price changes on Tuesday:

Blackbaud Inc., rose $8.12 to $53.13.

Clearlake Capital disclosed an 18.4% stake in the software and services provider focused on the nonprofit sector.

Poshmark Inc. rose $2.04 to $17.61.

The online marketplace for second-hand goods is being acquired by Naver.

AXT Inc. dropped $1.48 to $5.53.

The semiconductor materials supplier gave investors a disappointing financial update.

KalVista Pharmaceuticals Inc. dropped $8.39 to $5.85.

The drug developer unexpectedly ended a study of a treatment for a rare disorder, hereditary angioedema.

Ginkgo Bioworks Holdings Inc. rose 38 cents to $3.52.

The biotechnology company announced the acquisition of several companies, including Altar and Circularis.

FedEx Corp. rose $7.66 to $159.12.

The package delivery service announced an accelerated plan to return $1.5 billion of its stock to Morgan Stanley.


Vir Biotechnology Inc., rose $1.53 to $21.49.

The developer of infectious disease treatments won a contract with the US government to prevent influenza and other diseases.

Acuity Brands Inc. rose $7.85 to $167.50.

The lighting maker reported boosted fourth-quarter earnings and fiscal revenue.


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