Intel, KLA fall; American Express, Olin rise, Friday, 1/26/2024
Stocks that are trading heavily or have substantial price changes Friday: Intel, KLA fall; American Express, Olin rise
NEW YORK (AP) — Stocks that are trading heavily or have substantial price changes on Friday:
Intel Corp. (INTC), down $5.17 to $44.38.
The chipmaker gave investors a weak earnings and revenue forecast for the current quarter.
American Express Co. (AXP), up $14.16 to $202.23.
The credit card issuer and global payments company gave investors a strong earnings forecast.
KLA Corp. (KLAC), down $36.49 to $605.20.
The maker of equipment for manufacturing semiconductors gave investors a disappointing earnings forecast for this quarter.
Levi Strauss & Co. (LEVI), down 16 cents to $15.59.
The denim giant will slash its corporate workforce by 10% to 15% in the first half as part of a two-year restructuring.
AppFolio Inc. (APPF), up $48.98 to $223.36.
The property management software maker handily beat analysts' fourth-quarter earnings forecasts.
Booz Allen Hamilton Holding Corp. (BAH), up $16.91 to $145.79.
The defense contractor raised its profit and revenue forecasts.
Olin Corp. (OLN), up $3.91 to $5 5.66.
The chlor-alkali and ammunition producer’s fourth-quarter earnings beat Wall Street forecasts.
Gentex Corp. (GNTX), up $2.28 to $34.1 2.
The maker of automatic-dimming rearview mirrors and other products reported strong fourth-quarter earnings.
