Qualcomm, Electronic Arts rise; Moderna, Roku fall

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

Qualcomm Inc., up $17.63 to $156.11.

The chipmaker gave investors an encouraging profit forecast after reporting strong fourth-quarter financial results.

Booking Holdings Inc., up $1.68 to $2,437.01.

The online reservations site beat Wall Street’s third-quarter profit and revenue forecasts.

Roku Inc., down $24.27 to $289.39.

The video streaming company gave investors a weak sales forecast and warned that supply chain problems will likely continue into 2022.

Electronic Arts Inc., up $2.98 to $142.48.

The maker of The Sims and other video games raised its sales forecast for the year.

Qorvo Inc., down $23.66 to $154.46.

The chipmaker gave investors a weak sales forecast for the current quarter.

Albemarle Corp., up $10.71 to $272.66.

The specialty chemicals company beat analysts’ third-quarter profit and revenue forecasts.

Moderna Inc., down $61.90 to $284.02.

The drug developer cut its forecast for the number of COVID-19 vaccine deliveries it expects to make this year.

Parker-Hannifin Corp., up $21.56 to $325.64.

The maker of industrial motion and control components handily beat Wall Street’s fiscal first-quarter profit 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 This material may not be published, broadcast, written or redistributed.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