Stocks Fluctuate: General Motors and NetApp Ascend, Petco and Hormel Foods Decline

General Motors and NetApp see a rise in shares following positive announcements, while Petco and Hormel Foods experience a drop due to reduced profit forecasts.

General Motors Co. shares rose by $2.71 to $31.60 as the company announced it can absorb the cost of a new contract with workers and will raise its dividend.
NetApp Inc. shares increased by $11.43 to $89.54 after the data storage company raised its profit forecast.
Hormel Foods Inc. shares fell by $1.48 to $30.47 as the food manufacturer gave investors a weak profit forecast.
Petco Health & Wellness Co. shares dropped by $1.11 to $2.73 after the pet store chain cut its profit forecast for the year.
Workday Inc. shares went up by $26.16 to $263.49 as the human resources software maker beat analysts' third-quarter profit and revenue forecasts.