Wayfair, Etsy fall; Albemarle, Booking Holdings rise
May 5, 2022, 1:14 PM | Updated: 1:29 pm
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday:
Intercontinental Exchange Inc., down $8.23 to $101.63.
The owner of the New York Stock Exchange is buying mortgage software company Black Knight for $13.1 billion.
Booking Holdings Inc., up $68.58 to $2,171.91.
The online booking service beat Wall Street’s first-quarter earnings and revenue forecasts.
Albemarle Corp., up $21.03 to $236.50.
The specialty chemicals company significantly raised its revenue forecast for the year.
TripAdvisor Inc., up $1.25 to $25.80.
The travel website named a new CEO and reported strong first-quarter revenue.
Kellogg Co., up $2.38 to $70.23.
The maker of Frosted Flakes, Pop Tarts and Eggo waffles beat Wall Street’s first-quarter profit and revenue forecasts.
Wayfair Inc., down $23.31 to $67.45.
The online home goods retailer reported a bigger first-quarter loss than Wall Street expected.
Etsy Inc., down $18.40 to $90.93.
The online crafts marketplace gave investors a weak revenue forecast for the current quarter.
Centene Corp., up $1.91 to $84.82.
The healthcare company is selling two of its pharmacy businesses and expects proceeds of about $2.8 billion.
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