Ross Stores, Applied Materials Fall; Intuit, Modern Rise


NEW YORK: Stocks that were heavily traded or whose prices changed significantly on Friday:

Intuit Inc., from $63.40 to $692.34.

TurboTax, maker of QuickBooks and other accounting software, raised its profit forecast for its fiscal year.

Applied Materials Inc., down $8.71 to $150.03.

The maker of chipmaking equipment reported disappointing fourth-quarter results and gave investors weak profit forecasts.

Ross Stores Inc., down $6.74 to $112.78.

The discount retailer gave investors a weak profit forecast.

Williams-Sonoma Inc., down from $3.24 to $215.65.

The cookware and home goods seller warned investors that supply chain problems could hurt its inventory by the middle of 2022.

Modern Inc., from $12.37 to $263.78.

Manufacturers of COVID-19 vaccines gained ground after US regulators approved booster shots for all adults.

Bank of America Corp., down 92 cents at $45.40.

Bond yields fell and weighed down on banks, which rely on higher yields to charge more attractive interest on loans.

Exxon Mobil Corp., down $2.94 to $60.67.

A fall in the price of US crude has weighed on energy companies.

Farfetch Ltd. fell from $6.33 to $39.26.

The online luxury fashion retailer’s third-quarter revenue fell short of Wall Street’s forecasts.

Disclaimer: This post has been self-published from the agency feed without modification and has not been reviewed by an editor

read all breaking news, breaking news And coronavirus news Here. follow us on Facebook, Twitter And Wire,