Walt Disney, Monster Beverage advance; Gap, Teradata slide
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday:
Walt Disney Co., up $5 to $137.96
The entertainment company handily beat analysts’ fiscal fourth-quarter profit forecasts on strong revenue from films including the “The Lion King”.
Gap Inc., down $1.38 to $16.68
The retailer slashed its profit forecast for the year and said CEO Art Peck will resign.
Teradata Corp., down $5.71 to $25.41
The data management company lowered its profit forecast for the year and its CEO resigned following a disappointing third quarter.
Monster Beverage Corp., up $1.52 to $58.16
The energy drink maker’s third-quarter profit and revenue beat Wall Street forecasts.
Axon Enterprise Inc., up $12.88 to $65.29
The maker of stun guns and body cameras raised its 2019 revenue forecast after reporting surprisingly strong third-quarter results.
Planet Fitness Inc., up $5.71 to $68.42
The fitness center operator reported a surprisingly strong rise in a key sales measure and solid earnings for its third quarter.
LivePerson Inc., down $5.34 to $35.07
The customer-service technology company reported a wider loss than expected during the third quarter.
Altair Engineering Inc., down $7.47 to $30
The software company cut its revenue forecast for the year after reporting a surprise third-quarter loss.