Toast, Array Technologies rise; Upstart Holdings, Roblox fall, Wednesday, 8/9/2023
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Wednesday:
Akamai Technologies Inc., up $8.04 to $102.99.
The cloud services provider raised its profit forecast for the year.
Twilio Inc., up $1.29 to $59.69.
The communications software company beat Wall Street's second-quarter financial forecasts.
Toast Inc., up $2.96 to $23.18.
The restaurant software provider raised its revenue forecast for the year.
Upstart Holdings Inc., down $17.72 to $34.03.
The financial technology company trimmed its revenue forecast for the year.
Penn Entertainment Inc., up $2.26 to $27.10.
The casino operator entered an online sports betting deal with ESPN.
Array Technologies Inc., up $4.30 to $22.18.
The solar power technology company reported strong second-quarter earnings and revenue.
IAC Inc., down $10.94 to 56.14.
The media company behind Entertainment Weekly reported disappointing second-quarter earnings.
Roblox Corp., down $8.28 to $29.46.
The online gaming platform reported disappointing second-quarter financial results.
