Ross Stores, Gap rise; Farfetch, Williams-Sonoma fall
Nov 18, 2022, 2:17 PM | Updated: 2:25 pm
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday:
Ross Stores Inc., up $9.66 to $107.59.
The discount retailer reported strong third-quarter earnings and revenue.
Williams-Sonoma Inc., down $8.02 to $122.37.
The seller of cookware and home furnishings warned investors that inflation and weaker demand could hurt its business.
Foot Locker Inc., up $2.88 to $35.88.
The shoe store raised its profit and revenue forecasts for the year.
Gap Inc., up 96 cents to $13.67.
The retailer beat Wall Street’s third-quarter financial forecasts.
Farfetch Ltd., down $1.03 to $8.11.
The online luxury fashion company reported weak third-quarter financial results.
Palo Alto Networks Inc., up $10.92 to $167.48.
The security software maker beat Wall Street’s fiscal first-quarter profit and revenue forecasts.
Hess Corp., down $2.68 to $143.99.
Energy companies fell along with prices for crude oil.
Keysight Technologies Inc., up $5.87 to $171.90.
The electronic measurement technology gave investors an encouraging profit and revenue forecast.
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