IBM, Lam Research rise; Tesla, Humana fall, Thursday, 1/25/2024
on Thursday: Tesla Inc. (TSLA), down $27.77 to $180.06. The electric vehicle maker reported disappointing fourth-quarter earnings and warned of “notably lower" sales growth this year.
International Business Machines Corp. (IBM), up $19.03 to $192.96. The technology and consulting company beat analysts' fourth-quarter earnings and revenue forecasts.
Lam Research Corp. (LRCX), up $34.35 to $882.51. The semiconductor equipment maker gave investors an encouraging earnings forecast.
ResMed Inc. (RMD), up $11.56 to $183.34. The maker of medical products for respiratory disorders beat Wall Streets' fiscal second-quarter earnings and revenue forecasts.
Hexcel Corp. (HXL), down $4.60 to $67.05. The maker of lightweight composite materials gave investors a disappointing earnings forecast.
Ethan Allen Interiors Inc. (ETD), down 51 cents to $29.09. The home furnishings company's second-quarter earnings and revenue missed analysts' forecasts.
Humana Inc. (HUM), down $48.12 to $354.28. The health insurer’s earnings forecast fell far short of Wall Street expectations.
American Airlines Group Inc. (AAL), up $1.22 to $15.15. The airline gave investors an encouraging earnings forecast.Milestone Alert!
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