United Airlines, Broadcom rise; Gap, PagerDuty fall
Stocks that moved heavily or traded substantially on Friday: United Airlines, Broadcom rise; Gap, PagerDuty fall
By
The Associated Press
June 5, 2020, 8:36 PM
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NEW YORK — Stocks that moved heavily or traded substantially on Friday:
Broadcom Inc., up $8.19 to $317.08
The chipmaker reported solid fiscal second quarter profits and beat Wall Street’s revenue forecasts.
Slack Technologies Inc., down $5.38 to $32.56
The work messaging service pulled its billings forecast for its fiscal year because of uncertainty over the virus pandemic’s impact.
The Gap Inc., up 17 cents to $12.31
The clothing and apparel retailer had a surprisingly big loss during its latest quarter as the virus pandemic shuttered stores.
The Cooper Companies Inc., up $4.68 to $318.54
The surgical and contact lens products maker reported disappointing profit and revenue.
United Airlines Holdings Inc., up $3.31 to $42.41
The airline’s latest schedule plan for July shows a slow, but steady improvement over June’s dismal figures.
PagerDuty Inc., down 65 cents to $26.27
The software developer gave investors a weak earnings forecast for its second fiscal quarter.
Halliburton Co., up $1.33 to $14.52
The oilfield services company and others in the energy industry benefited from a jump in oil prices.
Tiffany & Co., up $7.46 to $121.99
Luxury goods company LVMH is backing away from plans to renegotiate its purchase of the jewelry chain, according to media reports.