IBM, Carnival fall; SVB Financial, Verra Mobility rise

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday:

Intuitive Surgical Inc., down $54.59 to $744.08.

The maker of robotic surgical systems faces continued pressure on procedure growth because of the virus pandemic.

PPG Industries Inc., down $5.71 to $137.82.

The paint and coatings maker warned investors about uncertainty over a recovery in demand.

SVB Financial Group, up $24.56 to $480.15.

The financial services firm blew away Wall Street’s fourth-quarter financial forecasts.

Verra Mobility Corp., up 50 cents to $13.51.

The transportation technology company is buying Redflex Holdings.

BJ’s Restaurants Inc., down $1.00 to $45.21.

The restaurant chain’s fourth-quarter financial update disappointed Wall Street.

Carnival Corp., down 52 cents to $20.22.

The cruise line extended its suspension of U.S. operations through April and cancelled operations in Australia through most of May.

Huntington Bancshares Inc., down 67 cents to $13.84.

The regional bank holding company’s fourth-quarter profit and revenue fell short of analysts’ forecasts.

International Business Machines Corp., down $13.04 to $118.61.

The technology and consulting company’s fourth-quarter revenue fell short of Wall Street forecasts.

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up