Apple, Amgen rise; Expedia, Fortinet fall, Friday, 5/3/2024
NEW YORK (AP) — Stocks that are trading heavily or have substantial price changes on Friday:
Apple Inc. (AAPL), up $11.70 to $184.73.
The iPhone maker increased its dividend and boosted its stock buyback program by $110 billion.
Amgen Inc. (AMGN), up $36.62 to $315.01.
The biotechnology company gave investors an encouraging update on a potential obesity drug.
Booking Holdings Inc. (BKNG), up $176.30 to $3,649.21.
The online booking service beat analysts’ first-quarter earnings and revenue forecasts.
Expedia Group Inc. (EXPE), down $18.43 to $117.66.
The online travel company lowered its financial forecast for the year.
Block Inc. (SQ), up $1.04 to $71.34.
The mobile payments services provider beat Wall Street’s first-quarter earnings forecasts.
Fortinet Inc. (FTNT), down $5.42 to $59.78.
The network security company’s first-quarter billings fell short of analysts’ expectations.
Live Nation Entertainment Inc. (LYV), up $7.94 to $96.21.
The ticket seller and concert promoter beat analysts’ first-quarter revenue forecasts.
Motorola Solutions Inc. (MSI), up $17.41 to $353.65.
The communications equipment maker raised its profit forecast for the year.