Ross Stores, Applied Materials fall; Palo Alto, Deckers rise
May 20, 2022, 1:53 PM | Updated: 1:54 pm
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday:
Deckers Outdoor Corp., up $28.49 to $255.28.
The maker of Ugg footwear handily beat Wall Street’s fourth-quarter profit forecasts.
Palo Alto Networks Inc., up $42.31 to $478.68.
The security software maker raised its financial forecasts for the year.
Foot Locker Inc., up $1.24 to $31.54.
The shoe store’s first-quarter earnings beat analysts’ forecasts.
Applied Materials Inc., down $4.28 to $ 106.46.
The maker of chipmaking equipment reported disappointing fiscal second-quarter financial results due to supply chain issues.
Booz Allen Hamilton Holding Corp., down $2 to $78.84.
The defense contractor gave investors a disappointing earnings forecast.
Match Group Inc., up $1.65 to $76.70.
The operator of dating app Match.com withdrew its request for a temporary restraining order against Google after it made concessions in a billing dispute.
Deere & Co., down $51.31 to $313.31.
Investors were disappointed by the tractor maker’s latest financial report.
Ross Stores Inc., down $20.83 to $71.87.
The discount retailer reported disappointing first-quarter financial results and said inflation would hurt profits.
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