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NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday:
Adobe Inc., down $18.08 to $230
The software company gave a disappointing profit forecast for the current fiscal year.
Alaska Air Group Inc., up 96 cents to $62.30
The airline said it flew more passengers and revenue improved in November.
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Sealed Air Corp., up $1.54 to $33.94
The industrial gas company announced a new restructuring program, including job cuts, aiming to save about $200 million a year.
Starbucks Corp., down $1.57 to $65.34
The coffee company’s forecasts fell short of Wall Street expectations.
Costco Wholesale Corp., down $19.45 to $207.06
The warehouse club operator’s membership revenue and sales were weaker than analysts expected.
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Johnson & Johnson, down $14.84 to $133
Reuters reported that the health care giant knew for decades that its baby powder was sometimes contaminated with asbestos.
Nucor Inc., up 69 cents to $56.39
The steelmaker gave a strong profit forecast for the fourth quarter.
Schlumberger Ltd., down $1.92 to $39.10
Energy company stocks and oil prices fell after reports showed China’s retail sales and industrial output slowed in November.
Copyright © 2019 The Associated Press. All rights reserved. This website is not intended for users located within the European Economic Area.