McDonald’s, Qualcomm rise; Ford, Domino’s fall

Apr 28, 2022, 1:20 PM | Updated: 1:35 pm

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday:

McDonald’s Corp., up $7.05 to $254.19.

Higher menu prices and easing COVID-19 restrictions helped the fast-food chain beat Wall Street’s first-quarter financial forecasts.

Meta Platforms Inc., up $30.78 to $205.73.

Facebook’s parent company beat Wall Street’s first-quarter profit forecasts and reported an encouraging increase in daily users.

Align Technology Inc., down $55.77 to $304.66.

The maker of Invisalign tooth-straighteners reported disappointing first-quarter financial results.

Ford Motor Co., down 23 cents to $14.62.

The automaker’s first-quarter revenue fell short of analysts’ forecasts as a shortage of computer chips held back production.

Thermo Fisher Scientific Inc., up $38.41 to $558.89.

The maker of scientific instruments and laboratory supplies reported strong first-quarter financial results.

Qualcomm Inc., up $13.09 to $148.19.

The chipmaker gave investors a solid revenue forecast for its current quarter.

Merck & Co., up $4.17 to $88.58.

The pharmaceutical company handily beat analysts’ first-quarter profit and revenue forecasts.

Domino’s Pizza Inc., down $19.03 to $353.88.

The pizza chain’s first-quarter profits and revenue fell short of Wall Street forecasts.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

AP

FILE - Maricopa County Recorder Stephen Richer speaks inside the Recorders Office, Nov. 9, 2022, in...
Associated Press

Dominion conspiracies highlighted by Fox lawsuit have election officials concerned for safety

Maricopa County officials are bracing for what could happen when it comes time to replace its contract for voting equipment.
2 days ago
A building is damaged and trees are down after severe storm swept through Little Rock, Ark., Friday...
Associated Press

Tornado causes widespread damage to buildings, vehicles in Little Rock

A tornado raced through Little Rock and surrounding areas Friday, splintering homes, overturning vehicles and tossing trees.
2 days ago
FILE - Former President Donald Trump speaks with reporters while in flight on his plane after a cam...
Associated Press

Worries grow that Trump indictment could undermine public confidence in other investigations

Trump’s attempts to overturn those results amid false claims of widespread fraud are at the heart of two other ongoing investigations.
2 days ago
(Facebook Photo/Superior Court of Arizona in Yavapai County)...
Associated Press

Arizona judge has cases reassigned following DUI arrest

The Arizona Supreme Court has ruled that all cases currently assigned to a Yavapai County Superior Court judge recently arrested on suspicion of extreme DUI will be reassigned to other judges.
6 days ago
Haitian migrant Gerson Solay, 28, carries his daughter, Bianca, as he and his family cross into Can...
Associated Press

US, Canada to end loophole that allows asylum-seekers to move between countries

President Joe Biden and Canadian Prime Minister Justin Trudeau on Friday announced a plan to close a loophole to an immigration agreement.
9 days ago
Expert skateboarder Di'Orr Greenwood, an artist born and raised in the Navajo Nation in Arizona and...
Associated Press

Indigenous skateboard art featured on new stamps unveiled at Phoenix skate park

The Postal Service unveiled the “Art of the Skateboard" stamps at a Phoenix skate park, featuring designs from Indigenous artists.
9 days ago

Sponsored Articles

(Desert Institute for Spine Care in Arizona Photo)...
Desert Institute for Spine Care in Arizona

5 common causes for chronic neck pain

Neck pain can debilitate one’s daily routine, yet 80% of people experience it in their lives and 20%-50% deal with it annually.
(Photo by Michael Matthey/picture alliance via Getty Images)...
Cox Communications

Valley Boys & Girls Club uses esports to help kids make healthy choices

KTAR’s Community Spotlight focuses on the Boys & Girls Club of the Valley and the work to incorporate esports into children's lives.
...
Fiesta Bowl Foundation

Celebrate 50 years of Vrbo Fiesta Bowl Parade magic!

Since its first production in the early 1970s, the Vrbo Fiesta Bowl Parade presented by Lerner & Rowe has been a staple of Valley traditions, bringing family fun and excitement to downtown Phoenix.
McDonald’s, Qualcomm rise; Ford, Domino’s fall