Lululemon, Moderna rise; Calavo, Boston Beer fall
Sep 9, 2021, 1:16 PM | Updated: 1:42 pm
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday:
Lululemon Athletica Inc., up $39.86 to $420.71.
The athletic apparel maker raised its profit forecast after reporting encouraging second-quarter financial results.
Restoration Hardware Holdings Inc., up $52.35 to $725.
The furniture and housewares company handily beat Wall Street’s second-quarter profit forecasts.
Moderna Inc., up $33.02 to $455.92.
The drug developer gave investors an encouraging update on its programs for additional vaccines for COVID-19 and other viruses.
Calavo Growers Inc., down $8.06 to $39.20
The avocado grower’s fiscal third-quarter loss was bigger than Wall Street had forecast.
Boston Beer Co., down $21.09 to $538.31.
The brewer of Samuel Adams and other beers abandoned financial forecasts for the year due to weakness from its hard seltzer products.
GameStop Corp., rose 38 cents to $199.18.
The video game retailer’s second-quarter revenue beat Wall Street forecasts.
Quest Diagnostics Inc., fell 65 cents to $157.35.
The medical laboratory operator fared better than other health care stocks after raising its financial forecasts for the year.
Willis Towers Watson PLC, rose $10.05 to $236.
Investors were encouraged by the advisory company and insurance brokerage’s long-term financial plan.
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