Alphabet, Brinker International rise; PayPal, Gilead fall
Stocks that traded heavily or had substantial price changes Wednesday:
Alphabet Inc., up $207.12 to $2,960.
Google’s parent company beat Wall Street’s fourth-quarter financial forecasts and announced a 20-for-1 stock split.
PayPal Holdings Inc., down $43.23 to $132.57.
The technology platform and digital payments company gave investors a weak profit forecast.
Advanced Micro Devices Inc., up $5.98 to $122.76.
The chipmaker reported surprisingly strong fourth-quarter financial results and gave investors an encouraging sales forecast.
Gilead Sciences Inc., down $2.65 to $65.82.
The drug developer’s fourth-quarter profit and earnings forecast fell short of analysts’ expectations.
Allegheny Technologies Inc., up $3.21 to $22.02.
The maker of steel and specialty metals reported strong fourth-quarter financial results.
Brinker International Inc., up $2.90 to $37.63.
The owner of Chili’s Grill & Bar and Maggiano’s Little Italy restaurant chains beat Wall Street’s fiscal second-quarter earnings forecasts.
C.H. Robinson Worldwide Inc., down $12.03 to $92.54.
The trucking company’s fourth-quarter profit fell short of Wall Street forecasts.
Emerson Electric Co., up $5.08 to $97.56.
The maker of control systems, valves and analytical instruments reported strong fiscal first-quarter earnings.
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