Snap, Intel Fall; American Express, Metal Rise

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

Intel Corp., down $49.46 from $6.54.

The chipmaker gave investors a disappointing profit forecast for the current quarter.

Mattel Inc., rose 12 cents to $20.45.

The maker of Hot Wheels, Barbie and other toys beat Wall Street’s third-quarter profit and revenue forecasts.

American Express Company, from $9.61 to $187.08.

The credit card issuer and global payments company reported encouraging third quarter financial results on rising consumer spending.

Cleveland-Cliffs Inc., from $2.69 to $23.85.

The mining company’s third-quarter profit and revenue beat Wall Street’s forecasts.

Simply Good Foods Co., from $2.96 to $37.27.

The maker of Atkins’ Shake and Frozen Meals reported strong fiscal fourth-quarter financial results.

Beyond Meat Inc., down from $12.82 to $95.80.

In view of weak demand, the company cut its revenue estimates for the third quarter.

VF Corp. fell from $3.33 to $70.74.

The owner of Vans, The North Face and other brands reported disappointing fiscal second-quarter profit and revenue.

Snap Inc., down $55.14 from $19.97.

Snapchat’s corporate parent revealed on Thursday that a privacy crackdown on the Apple iPhone is hurting its ad sales.

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

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