Qualcomm, Electronic Arts goes up; Moderna, fall of Roku
NEW YORK (AP) – Stocks that traded heavily or experienced substantial price changes on Thursday:
Qualcomm Inc., up $ 17.63 to $ 156.11.
The chipmaker has given investors encouraging earnings forecasts after reporting strong financial results in the fourth quarter.
Booking Holdings Inc., up $ 1.68 to $ 2,437.01.
The online booking site beat Wall Street’s profit and revenue forecast in the third quarter.
Roku Inc., down from $ 24.27 to $ 289.39.
The video streaming company gave investors low sales forecasts and warned that supply chain problems are likely to continue into 2022.
Electronic Arts Inc., up $ 2.98 to $ 142.48.
The maker of The Sims and other video games has raised its sales forecast for the year.
Qorvo Inc., down from $ 23.66 to $ 154.46.
The chipmaker has given investors weak sales forecasts for the current quarter.
Albemarle Corp., up $ 10.71 to $ 272.66.
The specialty chemicals company beat analysts’ third-quarter earnings and revenue forecasts.
Moderna Inc., down from $ 61.90 to $ 284.02.
The drug developer has lowered its forecast for the number of COVID-19 vaccine shipments it expects to make this year.
Parker-Hannifin Corp., up $ 21.56 to $ 325.64.
The maker of industrial motion and control components significantly exceeded Wall Street’s first-quarter profit forecast.
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