Tiffany, Syneos Health rise while Autodesk, Movado fall
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Wednesday:
Autodesk Inc., down $10.13 to $140.08
The software company slashed its full-year profit and revenue forecasts.
Tiffany & Co., up $2.50 to $85.17
The luxury jeweler posted results that beat analysts’ expectations and reaffirmed its forecasts for the year.
Hewlett Packard Enterprise Co., up 44 cents to $13.37
The information technology products and services provider reported earnings that easily beat analysts’ forecasts.
Slack Technologies Inc., down 11 cents to $29.80
The Wall Street Journal published a column saying the company faces big challenges to becoming profitable.
Movado Group Inc., down $3.75 to $21.22
The watchmaker sharply cut its forecasts for full-year earnings and sales.
Dycom Industries Inc., up $3.58 to $44.77
The provider of specialty contracting services reported results for its second fiscal quarter that easily beat analysts’ forecasts.
Syneos Health Inc., up $2.47 to $52.81
The Securities and Exchange Commission concluded an investigation into the company’s accounting and recommended no enforcement action.
Phibro Animal Health Corp., down $9.83 to $21.74
The maker of animal health products and nutritional supplements forecast full-year earnings that were far below what analysts were expecting.