Capital One, Under Armour fall; Cognex, RingCentral rise
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Tuesday:
Procter & Gamble Co., up $4.41 to $120.41.
The maker of Charmin toilet paper and other consumer products beat Wall Street’s fiscal fourth quarter financial forecasts.
Capital One Financial Corp., down $5.71 to $91.21.
The bank said a hacker gained access to personal information from more than 100 million Capital One credit applications.
NXP Semiconductors N.V., up $1.56 to $105.79.
The chipmaker gave investors a disappointing revenue forecast for the third quarter and said global demand remains weak.
RingCentral Inc., up $13.96 to $140.11.
The cloud-based phone system provider beat analysts’ second quarter earnings expectations and gave a solid financial forecast.
Dish Network Corp., down $3.33 to $34.95.
The satellite television provider’s second quarter profit fell short of Wall Street forecasts.
Cognex Corp., up $3.82 to $46.11.
The machine vision systems company is facing slower demand from consumer electronics and gave investors a weak revenue forecast.
McDermott International Inc., down $3.56 to $6.52.
The maker of offshore drilling platforms slashed its financial forecast for the year and now expects a loss.
Under Armour Inc., down $3.34 to $21.05.
The sports apparel company’s second quarter revenue fell short of Wall Street expectations and it gave weak profit guidance for the year.