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Kenvue, Crocs rise; Disney, Teradata fall, Tuesday, 5/7/2024


Stocks that traded heavily or had substantial price changes on Tuesday:

The Walt Disney Co., down $12.18 to $104.29.

The entertainment giant’s revenue fell shy of forecasts and said it expects its streaming video business to weaken.

Kenvue Inc., up $1.16 to $20.04.

The maker of Band-Aids and Tylenol reported better-than-expected profits and revenue for the latest quarter.

Crocs Inc., up $10.03 to $136.66.

The shoe maker’s results breezed past analysts’ estimates and it raised its forecasts for the full year.

Lucid Group Inc., down 40 cents to $2.65.

The maker of the Lucid Gravity electric SUV lost more money last quarter than analysts expected.

Builders FirstSource Inc., down $33.03 to $167.85.

The Texas-based supplier wood, insulation and other building materials warned of a weakening multi-family market and higher mortgage rates.

Teradata Corp., down $4.89 to $33.07.

The cloud data analytics company lowered its forecast for full-year earnings.

Celsius Holdings Inc., down $2.12 to $76.21.

The energy drink brand’s revenue for its latest quarter fell below Wall Street’s estimates.

Bloomin’ Brands Inc., down 52 cents to $24.44.

The operator of Outback Steakhouse and other restaurant chains’ earnings were short of forecasts.



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