Nike and Boeing fall while Hibbett and Tiffany post gains
March 22, 2019 02:52 PM
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday:
Nike Inc., down $5.82 to $82.19
The athletic apparel maker reported weaker-than-expected sales in North America and warned of a sales slowdown.
Boeing Inc., down $10.53 to $362.17
Indonesia's flagship carrier became the first airline to seek to cancel an order of the aircraft maker's 737 Max 8 jets, which have been involved in two fatal crashes in five months.
Hibbett Sports Inc., up $3.66 to $21.70
The sporting goods retailer blew away Wall Street's fourth-quarter profit and revenue forecasts and gave investors a solid outlook.
Denbury Resources Inc., down 5 cents to $1.90
The oil company said it no longer plans to buy Penn Virginia Corp. because of market conditions and shareholder opposition.
Greenbrier Cos., down $3.61 to $33.77
The maker of railroad freight car equipment expects a fiscal second-quarter profit far short of what Wall Street was expeecting.
Tiffany & Co., up $3.15 to $103.21
The luxury jeweler beat Wall Street's profit forecasts for the fourth quarter, despite weak revenue results.
Caleres Inc., down $2.24 to $23.51
The footwear company's fourth-quarter profit and revenue fell short of Wall Street forecasts.
Zuora Inc., down $3.42 to $20.91
The cloud-based software company issued weak first-quarter and full-year revenue guidance.
Updated: March 22, 2019 02:52 PM
Created: March 22, 2019 02:33 PM
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