Facebook, GE and Charter Communications surge; Hershey slips
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Thursday:
Microsoft Corp., down $1.95 to $104.43
The technology company reported mixed results, showing growth in its cloud-computing business, but weakness in its key personal computing segment.
Facebook Inc., up $16.27 to $166.69
The social media company reported robust earnings and revenue, with 9 percent growth in its monthly user base.
MasterCard Inc., up $7.11 to $211.13
The credit card company reported better-than-expected financial results, with growth in key purchase volume measures.
General Electric Co., up $1.06 to $10.16
The industrial conglomerate reported strong revenue growth, while also announcing a $1.5 billion settlement related to the financial crisis in 2008.
Charter Communications Inc., up $41.14 to $331.05
The cable company beat Wall Street’s revenue forecast as it added more internet customers.
ConocoPhillips, up $2 to $67.69
Energy company stocks rose along with the price of oil.
United Parcel Service Inc., up $4.21 to $105.40
The package delivery service reported a boost in revenue during the key holiday shopping period.
PulteGroup Inc., up 57 cents to $27.81
Shares of homebuilders jumped following new data showing sales of new U.S. homes soared in November.