BP, Clorox rise; Chegg, Expedia fall
May 3, 2022, 1:17 PM | Updated: 1:28 pm
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday:
Devon Energy Corp., up $5.93 to $64.28.
The oil and gas exploration company reported strong first-quarter earnings and increased its stock buyback plan.
Diamondback Energy Inc., up $8.61 to $136.11.
The energy exploration and production company beat Wall Street’s first-quarter profit and revenue forecasts and raised its dividend.
Clorox Co., up $4.28 to $147.56.
The maker of Clorox bleach and Hidden Valley ranch dressing beat Wall Street’s fiscal third-quarter profit forecasts.
Biogen Inc., down $1.62 to $205.70.
The drug developer will replace its CEO and largely abandon marketing of its controversial Alzheimer’s treatment Aduhelm.
Pfizer Inc., up 95 cents to $49.29.
The maker of a key COVID-19 vaccine beat Wall Street’s first-quarter profit and revenue forecasts.
BP Plc, up $2.32 to $31.18.
The oil and gas company reported its highest quarterly profit in more than a decade thanks to surging energy prices.
Chegg Inc., down $7.56 to $17.42.
The provider of online textbook rental services slashed its revenue forecast for the year.
Expedia Group Inc., down $24.50 to $150.31.
The online travel company’s first-quarter bookings fell short of Wall Street forecasts.
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