Chipotle, Capri fall; New Relic, CVS Health rise
Feb 8, 2023, 2:12 PM | Updated: 2:24 pm
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday:
Chipotle Mexican Grill Inc., down $85.45 to $1,637.41.
The Mexican food chain’s fourth-quarter profit and revenue fell short of Wall Street forecasts.
Fortinet Inc., up $5.86 to $59.64.
The network security company gave investors an encouraging financial forecast.
Capri Holdings Ltd., down $15.65 to $50.71.
The owner of Versace and other luxury brands reported weak fiscal third-quarter earnings and revenue.
CVS Health Corp., up $2.98 to $88.96.
The drugstore chain and pharmacy benefits manager reported strong financial results and announced a $10.6 billion purchase of Oak Street Health.
New Relic Inc., up $11.92 to $76.50.
The cloud-based software analytics company handily beat analysts’ fiscal third-quarter profit forecasts.
The New York Times Co., up $4.42 to $41.13.
The newspaper publisher beat Wall Street’s fourth-quarter earnings and revenue forecasts.
Emerson Electric Inc., down $5.19 to $85.99.
The maker of process controls systems, valves and analytical instruments reported weak fiscal first-quarter financial results.
Reynolds Consumer Products Inc., down $1.42 to $27.52.
The maker of aluminum foil and other household products reported disappointing fourth-quarter financial results.
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