MongoDB, Chewy rise; Ciena, Hewlett Packard Enterprise fall
Jun 2, 2022, 1:17 PM | Updated: 1:34 pm
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday:
Meta Platforms Inc., up $10.22 to $198.86.
The No. 2 executive at Facebook’s owner, Sheryl Sandberg, is stepping down.
Hewlett Packard Enterprise Co., down 82 cents to $14.96.
The information technology company cut its profit forecast for the year.
MongoDB Inc., up $44.89 to $286.70.
The database platform reported strong first-quarter earnings.
Elastic NV, up $11.68 to $73.62.
The software developer’s fiscal fourth-quarter financial results beat Wall Street forecasts.
Microsoft Corp. up $2.16 to $274.58.
The software giant lagged the broader market after cutting its financial forecasts for the current quarter.
Pure Storage Inc. up $4.36 to $28.37.
The data storage company reported solid first-quarter earnings and gave investors a strong revenue forecast.
Chewy Inc., up $5.69 to $29.18.
The online pet store’s first-quarter earnings and revenue beat Wall Street forecasts.
Ciena Corp., down 67 cents to $50.68.
The developer of high-speed networking technology reported disappointing fiscal second-quarter earnings.
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