Ryanair, Verizon fall, Reddit, Clearwater Paper rise; Monday, 7/22/2024
Stocks that traded heavily or had substantial price changes on Monday: Ryanair, Verizon fall, Reddit, Clearwater Paper rise
Stocks that traded heavily or had substantial price changes on Monday:
Delta Air Lines Inc. (DAL), down 77 cents to $44.67
Delays at airports persisted after a massive tech outage last week, and most of the cancellations involved Delta flights.
CrowdStrike Holdings Inc. (CRWD), down $33.38 to $271.58
Fallout continued after a faulty update from the cybersecurity firm last week affected millions of computers running Microsoft Windows.
Verizon Communications Inc. (VZ), down $2.49 to $39.13
The telecomunications company reported profit for the latest quarter that matched analysts’ expectations but revenue that fell just short.
Nvidia Corp. (NVDA), up $4.07 to $122
Big Tech stocks were doing better after dragging the market lower last week.
Reddit Inc. (RDDT), up $4.02 to $68.72
The social media site has struck deals to get video and other media from several professional U.S. sports leagues, The Information reported.
Clearwater Paper Corp. (CLW), up $4.73 to $53.65
The paper company struck a deal to sell its tissue business to Sofidel in a deal valued at $1.1 billion.
Ryanair Holdings PLC (RYAAR), down $18.45 to $95.87
The discount European airline reported earnings and revenue that were well below what analysts were expecting.
Krispy Kreme Inc. (DNUT), down 35 cents to $10.84
The company is selling a majority stake in Insomnia Cookies to Verlinvest and Mistral Equity Partners in a deal valued at $350 million.
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