Stocks that traded heavily or had substantial price changes on Friday: Wayfair, Travelers rise; PPG Industries, iRobot fall
ByThe Associated Press
January 19, 2024, 12:29 PM
NEW YORK — Stocks that traded heavily or had substantial price changes on Friday:
J.B. Hunt Transportation Services Inc., up $1.78 to $198.72.
The trucking company’s fourth-quarter earnings fell short of analysts’ forecasts, but revenue beat expectations.
PPG Industries Inc., down $3.56 to $141.39.
The Pittsburgh-based paint and coatings maker gave investors a weak profit forecast for this quarter.
Super Micro Computer Inc., up $111.92 to $423.36.
The server technology company gave investors an encouraging financial update.
iRobot Corp., down $6.36 to $17.26.
European regulators reportedly plan to block Amazon’s buyout of the robot vacuum maker.
Wendy’s Co., down 7 cents to $19.19.
Wendy’s Co. named a longtime PepsiCo executive as its new CEO on Thursday.
Spirit Airlines Inc., up 98 cents to $6.68.
The airline said bookings were strong over the holidays and it expects to report solid fourth-quarter revenue.
Wayfair Inc., up $5.23 to $56.13.
The online furniture seller is cutting about 1,650 jobs, or 13% of its global workforce.
Travelers Cos., up $13.32 to $211.67.
The insurer beat analysts’ fourth-quarter earnings forecasts.
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