AutoZone, Macy's rise; Unity Software, CarGurus fall, Tuesday, 2/27/2024
Stocks that traded heavily or had substantial price changes on Tuesday: AutoZone, Macy’s rise; Unity Software, CarGurus fall
NEW YORK — Stocks that traded heavily or had substantial price changes on Tuesday:
AutoZone Inc., up $184.53 to $2,954.99.
The auto parts retailer beat analysts' fiscal second-quarter earnings and revenue forecasts.
Macy's Inc., up 65 cents to $19.95.
The department store chain reported strong fourth-quarter financial results and announced plans to close 150 locations.
Zoom Video Communications Inc., up $5.05 to $68.17.
The video-conferencing company's fourth-quarter earnings and revenue beat Wall Street forecasts.
Unity Software Inc., down $2.02 to $31.02.
The video gaming software company gave investors a weak revenue forecast.
CarGurus Inc., down 37 cents to $23.52.
The online auto shopping platform gave investors a disappointing financial forecast.
Expedia Group Inc., up $1.29 to $136.24.
The online travel company announced a restructuring plan that includes job cuts.
Norwegian Cruise Line Holdings Ltd., up $3.16 to $19.09.
The cruise line gave investors an encouraging earnings forecast.
Viking Therapeutics Inc., up $46.57 to $85.05.
The biopharmaceutical company gave investors an encouraging update for a potential weight-loss drug.
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