ASML, Five Below fall; J&J, V.F. Corp. rise; Wednesday, 7/17/2024

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Stocks that traded heavily or had substantial price changes on Wednesday: ASML, Five Below fall; J&J, V

Stocks that traded heavily or had substantial price changes on Wednesday:

ASML Holding NV (ASML), down $136.14 to $932.06.

Bloomberg News said the U.S. is considering severe trade curbs if companies like ASML continue shipping advanced chip tech to China.

Five Below Inc. (FIVE), down $25.57 to $76.50.

CEO Joel Anderson left the discount retailer. The company also gave a profit forecast that fell short of expectations.

Spirit Airlines Inc. (SAVE), down 34 cents to $2.82.

The discount carrier cut its revenue forecast, saying it's making less than expected from fees.

V.F. Corp. (VFC), up $1.93 to $16.15.

The maker of Vans and Timberlands footwear is selling its Supreme business to eyewear maker EssilorLuxottica for $1.5 billion.

U.S. Bancorp (USB), up $1.97 to $45.26.

The bank, which has lagged the market this year, rose after beating analysts’ forecasts for profit and revenue.

Johnson & Johnson (JNJ), up $5.57 to $156.58.

The maker of health care products reported results that beat analysts’ forecasts.

Bloom Energy Corp. (BE), up 20 cents to $15.28.

The company announced a deal to provide fuel cells to data center operator CoreWeave.

Prologis Inc. (PLD), up $1.72 to $123.21.

The owner of logistics real estate reported stronger-than-expected results.

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