Movers: Alphabet, AMD, Logitech, Shell Plc, Toyota Motor, UnitedHealth, Vodafone

Scott Peters
14 Jun, 2023
New York City

Shell PLC increased 2.5% to $59.85 after the UK-based energy company said it plans to increase dividend and accelerate stock buybacks. 

The company announced its plan to buy back at least $5 billion of its in the second half, 15% increase in dividend from the second quarter and shareholder distribution increased to 30% to 40% of cash flow from operations. 

Logitech International SA plunged 11.9% to $56.26 after the company said its chief executive officer Bracken Darrell plans to leave the company. 

Advanced Micro Devices, Inc jumped 2.2% to $127.09 and the company said on Tuesday it is ready to ship its latest chip for artificial intelligence. 

Vodafone Group Plc increased 1.9% to $9.32 after the company and CK Hutchison owned Three UK agreed to merge their UK businesses. 

After the merger, the UK will have only three mobile network operators - BT, Virgin Media O2 and Vodafone-Three UK. 

Alphabet Inc Class A declined 0.9% to $122.78 after the European Union charged Google's parent for violating antitrust rules in adtech business. 

UnitedHealth Group Inc dropped 7.2% to $455.97 after the company's chief financial officer John Rex said at a conference that non-emergency surgeries rates this quarter are running above the average level. 

On the back of the news, Cigna declined 5.3% to $257.82 and Humana Inc dropped 13.5% to $443.0.  

Lumen Technologies Inc jumped 7.8% to $2.29 after the  company announced partnership with Google and Microsoft for its new network interconnection ecosystem. 

Toyota Motor Corp jumped 4.5% to $165.41 after chairman Akio Toyoda was reelected by shareholders, endorsing a new electric vehicle strategy. 

Toyota traded at about a 9-month high in New York and closed at 16-month high  ¥2,310.0 in Tokyo.