Kenvue, Crocs rise; Disney, Teradata fall, Tuesday, 5/7/2024

Release time：2024-05-08 11:42:36 Source：Planet Perspective news portal

Stocks that traded heavily or had substantial price changes on Tuesday:

The Walt Disney Co., down $11.08 to $105.39.

The entertainment giant’s revenue fell shy of forecasts and said it expects its streaming video business to weaken.

Kenvue Inc., up $1.20 to $20.08.

The maker of Band-Aids and Tylenol reported better-than-expected profits and revenue for the latest quarter.

Crocs Inc., up $9.86 to $136.49.

The shoe maker’s results breezed past analysts’ estimates and it raised its forecasts for the full year.

Lucid Group Inc., down 43 cents to $2.62.

The maker of the Lucid Gravity electric SUV lost more money last quarter than analysts expected.

Builders FirstSource Inc., down $38.26 to $162.62.

The Texas-based supplier wood, insulation and other building materials warned of a weakening multi-family market and higher mortgage rates.

Teradata Corp., down $5.24 to $32.72.

Related articles