Coherent, Spotify rise; Crown Holdings, FMC fall, Tuesday, 2/6/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Tuesday:
Coherent Corp., up $8.58 to $58.
The Laser and optics manufacturer beat analysts' fiscal second-quarter earnings forecasts.
BP Plc., up $2.15 to $36.39.
The oil and natural gas giant beat analysts' fourth-quarter earnings forecasts and increased its stock buyback.
Spotify Technology SA, up $8.67 to $231.92.
The music-streaming service added more subscribers than analysts expected during the fourth quarter.
Palantir Technologies Inc., up $5.15 to $21.87.
The data-mining and management software company gave investors an encouraging sales forecast for the year.
Crown Holdings Inc., down $11.66 to $76.67.
The packaging company gave investors a weak earnings forecast for the year.
FMC Corp., down $6.97 to $53.45.
The chemical producer's earnings forecast for the year fell short of Wall Street expectations.
Simpson Manufacturing Co., down $3.06 to $180.69.
The building materials company reported weak fourth-quarter earnings.
J&J Snack Foods Corp., down $10.88 to $144.65.
The maker of Dippin' Dots and Icee frozen drinks' earnings and revenue fell short of Wall Street forecasts.
