Twitter, Tapestry rise; Qualcomm, Yum Brands fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Thursday:
Twitter Inc., up $5.02 to $38.41
The messaging service reported surprisingly good growth for daily users and solid revenue in the fourth quarter.
Tapestry Inc., up 61 cents to $29 The parent of Coach and Kate Spade beat Wall Street’s fiscal second-quarter profit and revenue forecasts.
Qualcomm Inc., down 30 cents to $90.61
The chipmaker warned investors that the virus outbreak in China could hurt demand for phones.
Cognizant Technology Solutions Corp., up $6.45 to $71.42
The information technology consulting firm beat Wall Street’s fourth-quarter earnings expectations.
O’Reilly Automotive Inc., down $21.08 to $398.13
The auto parts retailer’s fourth-quarter profit fell short of Wall Street forecasts.
Yum Brands Inc., down $3.04 to $103.74
The owner of Taco Bell and Pizza Hut reported disappointing profit for the fourth quarter.
Ceridian HCM Holding Inc., down $7.55 to $65.88
The provider of human-resources software and services reported weak fourth-quarter earnings.
Peloton Interactive Inc., down $3.70 to $29
The exercise bike and treadmill company gave investors a weak revenue forecast for its fiscal third quarter.