Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Stocks that traded heavily or had substantial price changes on Thursday: Nvidia, Royal Caribbean rise; Rivian, Etsy fall
NEW YORK — Stocks that traded heavily or had substantial price changes on Thursday:
Nvidia Corp., up $110.66 to $785.38.
The chipmaker reported strong financial results as demand soars for its graphics chips used for artificial intelligence.
Synopsys Inc., up $37.33 to $580.90.
The maker of software used to test and develop chips raised its profit forecast for its fiscal year.
Royal Caribbean Group, up $7.66 to $122.56.
The cruise line raised its profit forecast for the year.
Rivian Automotive Inc., down $3.94 to $11.45.
The electric vehicle maker expects production to remain flat in 2024 and it will cut 10% of its salaried workforce.
Etsy Inc., down $6.51 to $70.62.
The online crafts marketplace reported disappointing first-quarter earnings.
Dutch Bros Inc., up 36 cents to $27.40.
The drive-thru coffee chain beat analysts' fourth-quarter earnings forecasts.
Kaiser Aluminum Corp., up $4.53 to $70.61.
The aluminum products company beat Wall Street's fourth-quarter financial forecasts.
Moderna Inc., up $11.85 to $99.44.
The biotechnology company reported strong fourth-quarter financial results.
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