Smartsheet, Ambaralla fall; Carnival, Five Below rise

Stocks that moved heavily or traded substantially Thursday: Smartsheet, Ambaralla fall; Carnival, Five Below rise

NEW YORK — Stocks that moved heavily or traded substantially Thursday:

Novavax, Inc., down 1 cent to $102.90.

The biotechnology company published more encouraging data from an early study of its potential COVID-19 vaccine.

PVH Corp., up $1.94 to $61.45.

The owner of the Calvin Klein and Tommy Hilfiger brands reported surprisingly good second-quarter earnings.

Five Below, Inc., up $10.05 to $127.13.

The discount retailer handily beat analysts’ second-quarter profit forecasts and said the third quarter is off to a strong start.

Ciena Corp., down $14.61 to $45.46.

The network and communications company said a slowdown in orders will continue to hurt revenue for a few quarters.

Smartsheet, Inc., down $9.38 to $50.26.

The cloud-based work-management platform gave investors a disappointing third-quarter earnings forecast.

Ambarella, Inc., down $5.81 to $50.09.

The video-compression chipmaker gave investors a weak third-quarter revenue forecast.

Carnival Corp., up 87 cents to $17.58.

The cruise line’s Costa Cruises will resume sailing on Sept. 6 and its Aida Cruises on Nov. 1.

Nvidia Corp., down $53.24 to $520.62.

China will ramp up support for its semiconductor industry according to Bloomberg, which could hurt U.S. chipmakers.

Source Link

Get more stuff like this

Subscribe to our mailing list and get interesting stuff and updates to your email inbox.