Provided Content: Content provided by Associated Press. The Globe and Mail was not involved, and material was not reviewed prior to publication.
Snap, Celanese fall; DoorDash, Clorox rise, Friday, 8/2/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Friday:
Microchip Technology Inc., down $8.94 to $75.43.
The chipmaker's revenue forecast for its current quarter fell short of Wall Street expectations.
Atlassian Corp., down $29.56 to $143.68.
The software company's revenue forecast for the year fell short of analysts' expectations.
Snap Inc., down $3.45 to $9.36.
The owner of Snapchat reported second-quarter revenue that fell short of analysts' forecasts.
DoorDash Inc., up $9.03 to $117.23.
The delivery company's second-quarter revenue beat Wall Street forecasts.
Cloudflare Inc., up $5.06 to $79.46.
The web security and content delivery company raised its earnings forecast for the year.
Twilio Inc., up $6.59 to $62.86.
The cloud-based communications company's revenue forecast surpassed Wall Street expectations.
Clorox Co., up $9.95 to $144.09.
The maker of bleach and other household products gave a revenue forecast above analysts' projections.
Celanese Corp., down $6 to $131.55.
The chemical company’s profit forecast for the year fell short of Wall Street expectations.