Stocks showing significant trading activity or notable price movements on Thursday included the following:
Tesla Inc., which experienced a $25.20 decline to reach $182.63. The company reported disappointing fourth-quarter earnings and projected lower sales growth for the year.
On the positive side, International Business Machines Corp. saw a rise of $16.50 to $190.43 after surpassing analysts’ expectations for fourth-quarter earnings and revenue.
Lam Research Corp. also experienced a boost, gaining $17.44 to reach $865.60, after providing an encouraging earnings forecast.
ResMed Inc. climbed $14.57 to $186.35 after outperforming Wall Street’s fiscal second-quarter earnings and revenue projections.
In contrast, Hexcel Corp. fell by $6.04 to $65.61 after delivering a disappointing earnings forecast for its lightweight composite materials.
Ethan Allen Interiors Inc. saw a modest increase of 15 cents to $29.75 despite missing analyst expectations for second-quarter earnings, though it reported an improving profit margin.
Humana Inc. experienced a significant decline of $47.04 to $355.36 as its earnings forecast fell short of Wall Street’s expectations.
Finally, American Airlines Group Inc. increased by $1.43 to $15.36 after providing investors with a positive earnings forecast.
