Tesla, Dave & Buster rise; Chewy, Macquarie fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Friday:
Tesla Inc., up $25.54 to $480.01.
The electric vehicle maker reported a 40% surge in deliveries during the first quarter.
Chewy, Inc., down $1.69 to $33.37.
The online pet store beat Wall Street’s fourth-quarter earnings forecasts and said it had a strong start in 2020.
Leggett & Platt Inc., down $1.49 to $22.72.
The furniture maker pulled its financial forecasts for 2020 as the virus pandemic saps demand.
Dave & Buster’s Entertainment, Inc., up 15 cents to $10.20.
A private equity firm is considering buying a stake in the restaurant and arcade operator, according to media reports.
Macquarie Infrastructure Corp., down $5.76 to $18.25.
The operator of airport and oil storage infrastructure pulled its financial forecasts and suspended its dividend.
Lululemon Athletica Inc., down $4.24 to $181.25.
The clothing retailer suspended its stock buyback program and cut top executives’ salaries.
Exxon Mobil Corp., down $1.19 to $39.21.
Oil prices continued rising on hopes that Russia and Saudi Arabia will end their price war.
Fate Therapeutics, Inc., up $1.87 to $22.94.
The biotechnology company signed a drug development deal with Johnson & Johnson.