TKO Group, Verizon rise; 3M, D.R. Horton fall, Tuesday, 1/23/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Tuesday:
Procter & Gamble Co., up $6.12 to $153.98.
The maker of Tide laundry detergent and other household products raised its earnings forecast for the year.
TKO Group Holdings Inc., up $12.22 to $89.63.
The producer of wrestling events and television shows signed a deal to move “Raw” to Netflix next year.
Verizon Communications Inc., up $2.65 to $42.23.
The cellphone carrier gave investors an encouraging financial update and forecast.
General Electric Co., down $1.28 to $129.95.
The conglomerate's earnings forecast for its current quarter fell short of analysts' forecasts.
3M Co., down $11.92 to $96.10.
The maker of Post-it notes, industrial coatings and ceramics gave investors a disappointing earnings forecast for the year.
D.R. Horton, down $14.57 to $143.13.
The homebuilder's fiscal first-quarter earnings fell short of Wall Street forecasts.
Paccar Inc., up $3.92 to $101.01.
The truck maker's fourth-quarter financial results beat analysts' forecasts.
United Airlines Holdings Inc., up $2.04 to $40.49.
The airline's fourth-quarter earnings and revenue beat Wall Street forecasts.