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Walt Disney, Confluent rise; PayPal, O'Reilly Automotive fall, Thursday, 2/8/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Thursday.
Walt Disney Co., up $11.40 to $110.54.
The entertainment giant gave investors an encouraging financial update and announced a stake in Fortnite maker Epic Games.
PayPal Holdings Inc., down $7.11 to $56.13.
The technology platform and digital payments company gave investors a weak earnings forecast.
O’Reilly Automotive Inc., down $46.19 to $1,020.83.
The auto parts retailer gave investors a disappointing earnings forecast for the year.
Monolithic Power Systems Inc., up $91.66 to $737.07.
The chipmaker beat analysts' fourth-quarter financial forecasts and raised its dividend.
Mattel Inc., up 6 cents to $18.87.
The maker of Barbie and Hot Wheels gave investors a strong earnings forecast and announced a cost cutting plan.
Qualys Inc., down $7.52 to $169.65.
The maker of security-analysis software gave investors a disappointing earnings forecast.
Confluent Inc., up $8.28 to $32.57.
The data infrastructure software company beat Wall Street's fourth-quarter earnings and revenue forecasts.
BorgWarner Inc., down $2.35 to $31.48.
The auto parts supplier gave investors a discouraging earnings forecast for the year.
