Chipotle, Ford rise; Gilead Sciences, Snap fall, Wednesday, 2/7/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Wednesday.
Gilead Sciences Inc., down $3.30 to $74.42.
The HIV and hepatitis C treatment maker gave investors a weak profit forecast for the year.
Chipotle Mexican Grill Inc., up $179.25 to $2,666.99.
The Mexican food chain beat Wall Street's fourth-quarter earnings and revenue forecasts.
Fortinet Inc., up $2.55 to $70.03.
The network security company reported strong fourth-quarter financial results.
Ford Motor Co., up 73 cents to $12.80.
The automaker's fourth-quarter earnings and revenue beat analysts' forecasts.
Cirrus Logic Inc., up $11.44 to $89.86.
The chipmaker’s fiscal third-quarter earnings and revenue beat analysts’ forecasts.
V.F. Corp., down $1.64 to $15.31.
The maker of Vans sneakers and North Face parkas reported weak fiscal third-quarter earnings.
Snap Inc., down $6.04 to $11.41.
The company behind Snapchat reported disappointing fourth-quarter revenue.
Yum China Holdings Inc., up $2.95 to $40.39.
The operator of Pizza Huts and Taco Bells in China beat analysts' fourth-quarter financial forecasts.
