Alphabet, Twitter soar; Goodyear, Merit Medical sink
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday:
Alphabet Inc., up $109.28 to $1,245.22.
The parent company of Google bounced back from a rough first quarter and blew past analysts’ profit forecasts.
Amazon.com Inc., down $30.77 to $1,943.05.
The retail giant reported a rare miss in its latest quarter earnings as it ramped up spending on faster deliveries.
Sprint Corp., up 55 cents to $7.99.
The Justice Department approved Sprint’s merger with T-Mobile.
Twitter Inc., up $3.40 to $41.52.
The social media company reported surprisingly strong second-quarter user numbers and revenue.
Goodyear Tire & Rubber Co., down 79 cents to $14.16.
The tire maker reported results that fell short of analysts’ forecasts.
Starbucks Corp., up $8.13 to $99.11.
The coffee store chain easily beat Wall Street’s earnings forecasts thanks to foamy new drinks and a growing rewards program.
Merit Medical Systems Inc., down $13.84 to $41.
The maker of disposable medical devices reported weak results in its latest quarter and cut its forecasts for the full year.
Fiserv Inc., up $5.94 to $102.30.
The financial services technology company’s latest quarterly earnings beat the forecasts published by Wall Street analysts.