BJ’s Wholesale, Keysight rise while L Brands, Retrophin fall
Posted Aug 22, 2019 02:28:19 PM.
NEW YORK — Stocks that moved substantially or traded heavily on Thursday:
BJ’s Wholesale Club Holdings Inc., up $3.87 to $26.42
The wholesale membership warehouse beat Wall Street’s second quarter profit expectations and maintained a solid forecast for the year.
L Brands Inc., down 70 cents to $19.33
The owner of Victoria’s Secret and Bath & Body Works gave investors a weak third quarter profit forecast.
Splunk Inc., down $10.05 to $118.41
The data analysis software company is buying cloud computing software company SignalFx for $1.05 billion in a cash and stock deal.
Keysight Technologies Inc., up $11.21 to $100.35
The technology company blew past Wall Street’s fiscal third quarter profit forecasts on strong demand for 5G wireless technology.
Dick’s Sporting Goods Inc., up $1.18 to $34.15
The sporting goods retailer raised its profit forecast for the year after beating Wall Street’s second quarter financial forecasts.
SolarEdge Technologies Inc., down $5.81 to $82.04
The photovoltaic products maker said its CEO and founder Guy Sella is taking a leave of absence because of health issues.
Retrophin Inc., down $3.84 to $13.56
The company’s experimental drug aimed at treating a nervous system disorder failed to meet its main goal in a pivotal study.
Synopsys Inc., up $7.16 to $139
The maker of software used to test and develop chips issued a solid profit forecast after beating Wall Street’s fiscal third quarter financial expectations.
The Associated Press