Walgreens, Bed Bath & Beyond fall; Costco, SAP rise
Posted July 9, 2020 6:40 pm.
Last Updated July 9, 2020 6:54 pm.
NEW YORK — Stocks that moved heavily or traded substantially on Thursday:
PTC Inc., up $6.50 to $85
The software company gave investors a solid revenue forecast for its fiscal third quarter.
Helen of Troy Ltd., up $9.87 to $204.97
The maker of Hydro Flask thermoses handily beat Wall Street’s fiscal first-quarter profit and revenue forecasts.
United Airlines Holdings Inc., down $2.36 to $30.17
The airline is considering cutting more staff as it faces a slump in demand.
Tesla Inc., up $28.40 to $1,394.28
CEO Elon Musk said the electric car maker is getting closer to making fully autonomous vehicles, according to media reports.
SAP SE, up $5.72 to $152.67
The software company gave investors an encouraging second-quarter financial update.
Costco Wholesale Corp., up $9.22 to $325.54
The membership warehouse reported a surge in sales for June, including skyrocketing online sales.
Walgreens Boots Alliance Inc., down $3.28 to $39.01
The pharmacy chain reported disappointing third-quarter profits and gave investors a weak earnings forecast.
Bed Bath & Beyond Inc., down $2.55 to $7.86
The home goods retailer reported weak first-quarter results and announced a restructuring plan.
The Associated Press
