Kenvue, Crocs rise; Disney, Teradata fall, Tuesday, 5/7/2024
Stocks that traded heavily or had substantial price changes on Tuesday:
The Walt Disney Co., down $11.08 to $105.39.
The entertainment giant’s revenue fell shy of forecasts and said it expects its streaming video business to weaken.
Kenvue Inc., up $1.20 to $20.08.
The maker of Band-Aids and Tylenol reported better-than-expected profits and revenue for the latest quarter.
Crocs Inc., up $9.86 to $136.49.
The shoe maker’s results breezed past analysts’ estimates and it raised its forecasts for the full year.
Lucid Group Inc., down 43 cents to $2.62.
The maker of the Lucid Gravity electric SUV lost more money last quarter than analysts expected.
Builders FirstSource Inc., down $38.26 to $162.62.
The Texas-based supplier wood, insulation and other building materials warned of a weakening multi-family market and higher mortgage rates.
Teradata Corp., down $5.24 to $32.72.
Related articles
Ryan Garcia reportedly wants 2nd drug sample tested after 1st was positive for banned substance
Ryan Garcia, who tested positive for a banned substance before defeating Devin Haney last month in N2024-05-08Weather: Easter weekend chill calls for extra layers
The South Island will see the sun, the North Island will have some unsettled weather. Photo: Unsplas2024-05-08Long Covid 'extremely debilitating' for teachers, union says
Photo:2024-05-08Finance Minister Nicola Willis attending Waitangi commemorations, Iwi Chairs Forum
Finance Minister Nicola Willis. Photo: RNZ / Samuel Rillstone2024-05-08Paris 2024 torch relay cauldron design unveiled
With the Olympic flame set to arrive in Marseille in two days' time, organizers of the 2024 Pari2024-05-08Despair in Gaza as fighting intensifies, despite Israel promise to scale back
Smoke billows over buildings in Deir el-Balah in the central Gaza Strip, during Israeli bombardment2024-05-08
atest comment