Fastenal, LiveRamp rise; Humana, Discover Financial fall, Thursday, 1/18/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Thursday:
Taiwan Semiconductor Manufacturing Co., up $10.08 to $113.03.
The chipmaker gave investors an encouraging revenue forecast.
Humana Inc., down $35.78 to $411.98.
Higher-than-expected costs are forcing the health insurer to slash profit expectations.
Fastenal Co., up $4.55 to $67.93.
The distributor of nuts and bolts to the construction industry beat analysts' fourth-quarter earnings forecasts.
Discover Financial Services, down $11.74 to $97.
The credit card issuer and lender's fourth-quarter earnings fell short of Wall Street forecasts.
KeyCorp, down 64 cents to $13.20
The bank's fourth-quarter earnings missed analysts' forecasts.
Goodyear Tire & Rubber Co., up 5 cents to $13.93.
The tire maker has named former Stellantis executive Mark Stewart as its new CEO.
M.D.C. Holdings Inc., up $9.75 to $62.84.
Sekisui House is buying the homebuilder for $4.9 billion.
LiveRamp Holdings, Inc., up $4.21 to $41.12.
The data-services company is buying San Francisco based privacy software supplier Habu for about $200 million.