Kenvue, Crocs rise; Disney, Teradata fall, Tuesday, 5/7/2024
Stocks that traded heavily or had substantial price changes on Tuesday:
The Walt Disney Co., down $11.08 to $105.39.
The entertainment giant’s revenue fell shy of forecasts and said it expects its streaming video business to weaken.
Kenvue Inc., up $1.20 to $20.08.
The maker of Band-Aids and Tylenol reported better-than-expected profits and revenue for the latest quarter.
Crocs Inc., up $9.86 to $136.49.
The shoe maker’s results breezed past analysts’ estimates and it raised its forecasts for the full year.
Lucid Group Inc., down 43 cents to $2.62.
The maker of the Lucid Gravity electric SUV lost more money last quarter than analysts expected.
Builders FirstSource Inc., down $38.26 to $162.62.
The Texas-based supplier wood, insulation and other building materials warned of a weakening multi-family market and higher mortgage rates.
Teradata Corp., down $5.24 to $32.72.