JPMorgan Chase, Advanced Micro Devices fall; Progressive, Exxon Mobil rise, 4/12/2024
Stocks that are trading heavily or have substantial price changes on Friday: JPMorgan Chase, Advanced Micro Devices fall; Progressive, Exxon Mobil rise
NEW YORK (AP) — Stocks that are trading heavily or have substantial price changes on Friday:
JPMorgan Chase & Co. (JPM), down $10.42 to $185.01.
The bank gave investors a lower-than-expected forecast for its annual net interest income.
Newmont Corp. (NEM), up $1.01 to $40.0 8.
The gold miner rose along with prices for the precious metal.
Advanced Micro Devices Inc. (AMD), down $6.42 to $164.08.
The chipmaker fell following reports that Chinese telecommunications carriers must phase out foreign chips by 2027.
Progressive Corp. (PGR), up $4.11 to $206.37.
The insurer beat analysts' first-quarter financial forecasts.
Zoetis Inc. (ZTS), down $12.28 to $150.45.
The veterinary health company slipped after a report about deaths of pets taking arthritis drugs.
Exxon Mobil Corp. (XOM), up 33 cents to $122.1 2.
Energy companies gained ground along with surging oil prices.
Southwest Airlines Co. (LUV), down 71 cents $27.81.
The company is reportedly cutting expectations for Boeing plane deliveries in 2024.
State Street Corp. (STT), up 86 cents to $74.77.
The financial services company beat Wall Street's first-quarter earnings and revenue forecasts.
