Free Trial

Amgen, Airbnb fall; Fortinet, Dynatrace rise, Wednesday, 8/7/2024

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Wednesday:

Novo Nordisk, down $10.89 to $119.23.

The drug developer's second-quarter financial results fell short of Wall Street forecasts.

Amgen Inc., down $16.45 to $312.50.

The biotechnology company's second-quarter earnings fell short of analysts' forecasts.

Airbnb Inc.. down $17.46 to $113.01.

The short-term rental giant’s revenue forecast for its current quarter fell short of Wall Street expectations.

Super Micro Computer Inc., down $124.24 to $492.70.

The server technology company's fiscal fourth-quarter financial results fell short of analysts' forecasts.

Fortinet Inc., up $14.12 to $69.93.

The network security company raised its earnings forecast for the year.

Trex Co., down $16.49 to $60.07.

The maker of fencing and decking products trimmed its revenue forecast for the year.

Cirrus Logic Inc., up $8.69 to $124.

The chipmaker's revenue forecast for its current quarter surpassed Wall Street expectations.

Dynatrace Inc., up $5.95 to $46.44.

The software intelligence company beat analysts' fiscal first-quarter earnings forecasts.

Where should you invest $1,000 right now?

Before you make your next trade, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.

Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.

They believe these five stocks are the five best companies for investors to buy now...

See The Five Stocks Here

20 High-Yield Dividend Stocks that Could Ruin Your Retirement Cover

Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

From Landfills to Profits: Opal Fuels CEO Shares How the Company Turns Trash into Cash
The Real Reason Tesla Stock Is Soaring – and Why Tech Expert Says It Won’t Stop
Best ETFs for 2025: Growth, Stability, and AI-Driven Investing

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines