Ambarella, Box rise; Salesforce.com, Generac fall
Dec 1, 2021, 2:27 PM | Updated: 2:40 pm
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday:
Salesforce.com Inc., down $33.46 to $251.50.
The customer-management software developer gave investors a disappointing fourth-quarter earnings forecast.
Skechers USA Inc., down 34 cents to $44.58.
Tremblant Capital Group is reportedly pushing for changes in the footwear company.
Ambarella Inc., up $25.37 to $204.89.
The video-compression chipmaker’s third-quarter profit and revenue beat Wall Street forecasts.
Box Inc., up $2.40 to $25.81.
The online storage provider gave investors an encouraging financial forecast.
Vertex Pharmaceuticals Inc., up $18.06 to $205.
The biotechnology company gave investors an encouraging update on the development of a potential kidney disorder treatment.
G-III Apparel Group Ltd., up 80 cents to $30.44.
The clothing and accessories maker reported strong third-quarter earnings.
Phillips 66, down 50 cents to $68.67.
U.S. crude oil prices fell and weighed down energy stocks.
Generac Holdings Inc., down $17.67 to $403.57.
The generator maker closed its buyout of Canadian smart thermostat maker Ecobee Inc.
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