Snap and Hostess skid while Match and CVS jump
NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday:
Match Group Inc., up $6.72 to $45.60
The online dating company’s results were better than investors expected.
Snap Inc., down 89 cents to $12.23
The online video chat company said it lost daily users in the second quarter.
Avis Budget Group Inc., down $5.88 to $32.85
The rental car company lowered its revenue forecast after a weak second quarter.
Hostess Brands Inc., down $2.45 to $11.49
The snack maker said rising costs and cuts in promotions by a retailer hurt its results.
CVS Health Corp., up $2.72 to $68.17
The drugstore and pharmacy benefits management company raised its annual profit forecast.
Mylan NV, down 69 cents to $39.23
The drugmaker said its board will review its strategic options after its profit and sales disappointed analysts.
Walt Disney Co., down $2.58 to $113.98
The entertainment company’s profit and revenue fell short of Wall Street expectations.
Hess Corp., down $1.32 to $65.93
Energy companies declined as oil prices turned lower.