Apple, Amazon and WellCare rise while Carnival skids
NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday:
Apple Inc., up $4.53 to $224.95
An analyst for JPMorgan Chase said Apple stock could rise more than 20 percent by late 2019.
Carnival Corp., down $3.24 to $63.74
The cruise line company said prices for recent bookings have been lower than they were a year ago.
Bed Bath & Beyond Inc., down $3.95 to $14.86
The retailer lowered its forecasts after its results in the second quarter fell far short of analyst estimates.
Conagra Brands Inc., down $3.08 to $32.98
The packaged food company’s profit and sales fell short of Wall Street projections.
Geron Corp., down $3.92 to $2.31
The biotechnology company said a unit of Johnson & Johnson ended their collaboration on an experimental drug.
WellCare Health Plans Inc., up $13.27 to $320.63
The company agreed to buy Aetna’s Medicare Part D prescription drug business.
Amazon.com Inc., up $38.13 to $2,012.98
An analyst for Stifel raised his revenue forecasts for Amazon and increased his price target to $2,525 per share.
Freeport-McMoRan Corp., down 13 cents to $13.87
As the dollar grew stronger, metals prices sank and shares of mining companies also moved lower.