Brinker, Gilead rise; Hasbro, Akamai Technologies fall
Stocks that moved heavily or traded substantially on Wednesday: Brinker, Gilead rise; Hasbro, Akamai Technologies fall
By
The Associated Press
April 29, 2020, 8:19 PM
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NEW YORK — Stocks that moved heavily or traded substantially on Wednesday:
Brinker International Inc., up $5.70 to $24.84.
The owner of Chili’s Grill & Bar and Maggiano’s Little Italy handily beat analysts’ fiscal third-quarter profit forecasts.
Alphabet Inc., up $109.59 to $1,342.18.
Google’s parent company reported a surprising jump in first-quarter revenue.
Gilead Sciences Inc., up $4.47 to $83.14.
The biotechnology company gave investors an encouraging update on a possible treatment for COVID-19.
Sherwin-Williams Co., up $30.13 to $538.86.
The paint and coatings maker reported surprisingly good first-quarter profit and revenue.
Akamai Technologies Inc., down $4.06 to $97.87.
The cloud services provider pulled its financial forecasts for the year.
Hasbro Inc., down $4.95 to $72.91.
The toy maker’s first-quarter earnings and revenue fell short of analysts’ forecasts.
Humana Inc., up $14.51 to $377.38.
The health insurer handily beat Wall Street’s first-quarter profit and revenue forecasts.
Mondelez International Inc., down 12 cents to $51.05.
The maker of Oreo cookies, Cadbury chocolate and Trident gum pulled its financial forecasts and suspended its stock buyback program.