Sleep Number, Netflix fall; Chipotle, Lands’ End rise
Jul 21, 2021, 1:22 PM | Updated: 4:27 pm
Stocks that traded heavily or had substantial price changes Wednesday:
Netflix Inc., down $17.42 to $513.63.
The video streaming pioneer reported its worst slowdown in subscriber growth in eight years.
Chipotle Mexican Grill Inc., up $181.64 to $1.755.99.
The casual restaurant chain reported earnings that far surpassed analysts’ estimates and a 31% increase in comparable restaurant sales.
Coca-Cola Co., up 72 cents to $56.55.
The soft drink maker said its revenue jumped 42% in the April-June period, well ahead of what analysts were expecting
United Airlines Holdings Inc., up $1.78 to $48.10.
The airline posted surprisingly strong revenue as vacation travel picked up and said it expects to earn a pretax profit in the remaining two quarters of the year.
Interpublic Group of Companies Inc., up $3.54 to $34.81.
The giant advertising and marketing conglomerate reported earnings and revenue that easily beat analysts’ forecasts.
Harley-Davidson Inc., down $3.15 to $40.65.
The Milwaukee-based motorcycle maker reported revenue that fell short of what analysts were looking for.
Sleep Number Corp., down $14.46 to $97.78.
The bed maker reported earnings and revenue that fell short of what analysts were forecasting and said supply issues hurt sales in June and July.
Lands’ End Inc., up $6.12 to $43.05.
The clothing and home decor retailer substantially raised its sales and profit outlooks for its second quarter and full fiscal year.
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