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Angi, Elastic fall; KB Home, Delta Air Lines rise

January 13, 2022 GMT

Stocks that traded heavily or had substantial price changes Thursday:

Taiwan Semiconductor Manufacturing Co., up $6.96 to $139.19.

The chipmaker reported strong fourth-quarter financial results.

KB Home, up $7 to $49.38.

The homebuilder’s fourth-quarter profit beat Wall Street forecasts.

Lennar Corp., up 60 cents to $108.54.

The homebuilder is raising its quarterly dividend.

Boeing Co., up $6.45 to $223.90.

The aircraft maker’s troubled 737 Max jets could reportedly resume commercial flights in China this month.

Delta Air Lines Inc., up 86 cents to $41.47.

The airline’s fourth-quarter earnings and revenue beat Wall Street forecasts.

Denali Therapeutics Inc., down $4.69 to $33.86.

The Food and Drug Administration orderd the biopharmaceutical company to suspend its study of a potential treatment for Alzheimer’s disease.

Elastic NV, down $13.17 to $97.87.

The software developer promoted Ashutosh Kulkarni to CEO.

Angi Inc., down 66 cents to $7.91.

Investors were disappointed with a December update from the provider of a digital marketplace for home services.