Expedia, Pfizer rise; Peloton, Emergent BioSolutions fall
Stocks that traded heavily or had substantial price changes Friday:
Pinterest Inc., up $2.58 to $46.22.
The digital pinboard and shopping tool’s third-quarter profit and revenue beat Wall Street forecasts.
Expedia Inc., up $24.67 to $182.22.
The online travel company blew away Wall Street’s third-quarter profit forecasts.
Uber Technologies Inc., up $1.92 to $47.19.
The ride hailing company’s third-quarter revenue rebounded and beat analysts’ forecasts.
Microchip Technology Inc., up $2.84 to $85.76.
The chipmaker gave investors an encouraging profit forecast.
Pfizer Inc., up $4.76 to $48.61.
The drug developer’s experimental antiviral pill for COVID-19 cut rates of hospitalization and death by nearly 90% in high-risk adults.
Emergent BioSolutions Inc., down $19.50 to $33.11.
The biopharmaceutical company reported a surprise third-quarter loss and its revenue fell short of Wall Street forecasts.
Goodyear Tire & Rubber Co., up $2.69 to $24.14.
The tire maker’s third-quarter profit handily beat analysts’ third-quarter profit forecasts.
Peloton Interactive Inc., down $30.36 to $55.70.
The exercise bike company warned investors it will lose far more money this year than it previously forecast.
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