CSX, Crocs Rise; Las Vegas Sands, Southwest Airlines Fall


NEW YORK: Stocks that traded heavily or had substantial price changes Thursday:

Texas Instruments Inc., down $10.33 to $183.91.

The chipmaker’s revenue forecast disappointed investors as the industry continues to deal with demand outpacing supply.

Unilever Plc., down $3.19 to $55.52.

The owner of Dove soap and Ben & Jerry’s ice cream said rising costs could impact its profit margins.

CSX Corp., up $1.10 to $32.67.

The railroad operator beat Wall Street’s second-quarter profit and revenue forecasts.

Las Vegas Sands Corp., down $2.20 to $47.22.

The casino operator’s second-quarter profit and revenue fell short of analysts’ forecasts.

Netgear Inc., down $3.53 to $33.53.

The computer networking equipment company gave investors a weak revenue forecast following disappointing second-quarter financial results.

Crocs Inc., up $11.95 to $131.93.

The footwear company handily beat Wall Street’s second-quarter profit forecasts.

Dominos Pizza Inc., up $68.45 to $538.82.

The pizza chain reported encouraging second-quarter profits and revenue.

Southwest Airlines Co., down $1.84 to $51.29.

The airline reported a bigger second-quarter loss than analysts anticipated.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Read all the Latest News, Breaking News and Coronavirus News here

Source link

Hi, my name is Ankita Dixit. I started writing from young age and most of my writing skills and knowledge are self taught. Currently, I am working as a professional writer at Paisa.co. I have write on various topics including travel, motivation, finance, technology, credit cards, insurance and entrepreneurship etc.