Zumiez, Tesla fall; Okta, Calavo Growers rise

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday:

Turning Point Therapeutics Inc., up $40.43 to $74.59.

Bristol Myers Squibb is buying the biopharmaceutical company for about $4.1 billion.

Calavo Growers Inc., up $4.65 to $37.84.

The avocado grower’s fiscal second-quarter earnings and revenue beat analysts’ forecasts.

Okta, Inc., up $4.70 to $98.38.

The cloud identity management company raised its earnings forecast for the year.

American Eagle Outfitters Inc., up 81 cents to $12.79.

The clothing retailer announced an accelerated stock buyback program.

Chegg Inc., up 72 cents to $21.14.

The provider of online textbook rental services announced a $1 billion increase in its securities buyback program.

Zumiez Inc., down $3.01 to $31.16.

The clothing retailer gave investors a weak financial forecast.

Tesla Inc., down $71.45 to $703.55.

The electric vehicle maker’s CEO, Elon Musk, has reportedly expressed worries about the economy and the possible need to cut staff.

Kohl’s Corp., up 30 cents to $41.48.

The department store operator has reportedly received buyout offers from Sycamore Partners and Franchise Group.

Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.