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Powell Industries, Mastercard rise; Pinterest, Lantheus fall, Wednesday, 7/31/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Wednesday:
Microsoft Corp., down $4.57 to $418.35.
The software giant reported weaker fourth-quarter revenue at its cloud computing business than Wall Street expected.
Mastercard Inc., up $16.26 to $463.71.
The processor of debit and credit card payments beat analysts' second-quarter earnings forecasts.
Mondelez International Inc., up $1.30 to $68.35.
The maker of Oreo cookies, Cadbury chocolate and Trident gum beat Wall Street's second-quarter earnings forecasts.
Pinterest Inc., down $5.40 to $31.95.
The digital pinboard and shopping tool company's revenue forecast for its current quarter fell short of analysts' forecasts.
Intel Corp., up 61 cents to $30.74.
The chipmaker is reportedly planning to cut jobs.
Powell Industries Inc., up $50.38 to $183.63.
The energy equipment company beat analysts' fiscal third-quarter earnings and revenue forecasts.
Lantheus Holdings Inc., down $4.94 to $104.83.
The diagnostic imaging company trimmed its profit forecast for the year.
Altria Group Inc., down $1.54 to $49.01.
The cigarette maker fell short of analysts' second-quarter financial forecasts.
