Ross stores, fall of applied materials; Intuit, Moderna rises


NEW YORK (AP) – Stocks that traded heavily or experienced substantial price changes on Friday:

Intuit Inc., up $ 63.40 to $ 692.34.

The maker of TurboTax, QuickBooks and other accounting software has raised its profit forecast for its fiscal year.

Applied Materials Inc., down $ 8.71 to $ 150.03.

The chipmaking equipment maker reported disappointing fourth quarter results and gave investors weak earnings forecasts.

Ross Stores Inc., down $ 6.74 to $ 112.78.

The discount retailer gave investors a low profit forecast.

Williams-Sonoma Inc., down $ 3.24 to $ 215.65.

The kitchenware and home furnishings seller warned investors that supply chain issues could hurt its inventory until mid-2022.

Moderna Inc., up $ 12.37 to $ 263.78.

Manufacturers of COVID-19 vaccines gained traction after U.S. regulators approved booster shots for all adults.

Bank of America Corp., down 92 cents to $ 45.40.

Bond yields have fallen and weighed on banks, which rely on higher yields to charge more lucrative interest on loans.

Exxon Mobil Corp., down $ 2.94 to $ 60.67.

Energy companies fell as the price of US crude oil fell.

Farfetch Ltd., down $ 6.33 to $ 39.26.

The online luxury fashion retailer‘s third quarter revenue was lower than Wall Street forecast.


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