Snap, Intel fall; American Express, Mattel rise
Oct 22, 2021, 1:25 AM | Updated: 1:27 pm
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday:
Intel Corp., down $6.54 to $49.46.
The chipmaker gave investors a disappointing profit forecast for the current quarter.
Mattel Inc., up 12 cents to $20.45.
The maker of Hot Wheels, Barbie and other toys beat Wall Street’s third-quarter profit and revenue forecasts.
American Express Co., up $9.61 to $187.08.
The credit card issuer and global payments company reported encouraging third-quarter financial results on rising consumer spending.
Cleveland-Cliffs Inc., up $2.69 to $23.85.
The mining company’s third-quarter profit and revenue beat Wall Street forecasts.
Simply Good Foods Co., up $2.96 to $37.27.
The maker of Atkins’ shakes and frozen meals reported strong fiscal fourth-quarter financial results.
Beyond Meat Inc., down $12.82 to $95.80.
The company trimmed its third-quarter revenue forecast on weak demand.
V.F. Corp., down $3.33 to $70.74.
The owner of Vans, North Face and other brands reported disappointing fiscal second-quarter profit and revenue.
Snap Inc., down $19.97 to $55.14.
Snapchat’s corporate parent disclosed Thursday that its ad sales are being hurt by a privacy crackdown on Apple’s iPhones.
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