Walt Disney, Redfin fall; Sprouts, Array rise
Nov 8, 2022, 11:19 PM | Updated: Nov 9, 2022, 1:33 pm
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday:
SeaWorld Entertainment Inc., down $3.87 to $52.77.
The theme park operator’s third-quarter earnings and revenue fell short of Wall Street forecasts.
The Walt Disney Co., down $13.15 to $86.75.
The theme park operator and media giant reported weak fiscal fourth-quarter earnings and revenue.
Lucid Group Inc., down $2.29 to $11.21.
The electric vehicle maker’s loss was bigger than Wall Street expected.
Affirm Holdings Inc., down $3.54 to $12.10.
The operator of a digital commerce platform gave investors a discouraging financial forecast.
CarGurus Inc., down $1.09 to $12.67.
The online car shopping site gave investors a disappointing profit forecast for the year.
Sprouts Farmers Market Inc., up $3.49 to $32.16.
The natural and organic food retailer raised its profit forecast for the year.
Array Technologies Inc., up $2.29 to $19.27.
The solar energy equipment company reported strong third-quarter financial results.
Redfin Corp., down 45 cents to $3.27.
The online real estate broker is cutting 862 employees as it shuts down instant-cash-offer subsidiary RedfinNow.
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