Alphabet, Roper Technologies fall; Boeing, Paramount rise, Wednesday, 1/31/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Wednesday:
Alphabet Inc., down $11.36 to $140.10.
Google's parent company reported disappointing advertising sales growth during its fourth-quarter.
Advanced Micro Devices Inc., down $4.37 to $167.69.
The chipmaker gave investors a weak revenue forecast for its current quarter.
Paramount Global, up 91 cents to $14.59.
Media mogul Byron Allen is reportedly trying to buy the owner of CBS and MTV.
Boeing Co., up $10.60 to $211.04.
The troubled jet maker beat analysts' fourth-quarter earnings and revenue forecasts.
Avnet Inc., down $2.57 to $45.30.
The distributor of electronic components gave investors a weak earnings forecast.
Fortive Corp., up $3.48 to $78.18.
The industrial conglomerate gave investors a strong earnings forecast for the year.
Roper Technologies Inc., down $24.57 to $537.
The industrial equipment maker gave investors a weak earnings forecast for the year.
Mondelez International Inc., down $1.07 to $75.27.
The maker of Oreo cookies and Ritz crackers warned about cooling demand and weaker volumes.