PayPal, CVS rise; Match Group, Mercury Systems fall

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

Advanced Micro Devices Inc., down $1.20 to $98.09.

The chipmaker gave investors a disappointing revenue forecast for the current quarter.

PayPal Holdings Inc., up $8.29 to $97.92.

Activist investor Elliott Management has reportedly taken a large stake in the technology platform and digital payments company.

Gilead Sciences Inc., up $2.73 to $62.27.

The HIV and hepatitis C drugmaker raised its profit forecast for the year.

Match Group Inc., down $13.47 to $63.24.

The owner of online dating services Tinder and OKCupid gave investors a weak revenue forecast.

RingCentral Inc., up $3.34 to $53.04.

The cloud-based phone system provider for small businesses reported strong second-quarter financial results.

Terex Corp., up $1.69 to $34.16.

The machinery products maker’s second-quarter profit beat analysts’ forecasts.

CVS Health Corp., up $6.01 to $101.38.

The drugstore chain and pharmacy benefits manager raised its profit forecast for the year.

Mercury Systems Inc., down $7.67 to $49.81.

The aerospace and defense contractor gave investors a disappointing financial forecast.

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 This material may not be published, broadcast, written or redistributed.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