Stocks that moved heavily or traded substantially on Friday: Exxon Mobil, Amgen fall; Amazon, IBM rise
NEW YORK —
Stocks that moved heavily or traded substantially on Friday:
Amazon.com Inc., up $134.04 to $2,008.72
The online retailer blew past Wall Street’s fourth-quarter profit forecasts as Prime membership surged.
Visa Inc., down $9.24 to $198.97
The payment processing giant reported weak fiscal first-quarter revenue.
Exxon Mobil Corp., down $2.67 to $62.12
The energy company’s profit slid in the fourth quarter and fell short of Wall Street forecasts.
Amgen Inc., down $10.10 to $216.05
The drug developer’s profit forecast for the year fell far short of Wall Street expectations.
Deckers Outdoor Corp., up $13.53 to $190.91
The maker of Ugg footwear raised its profit forecast for the year after reporting good third-quarter financial results.
Caterpillar Inc., down $4.02 to $131.35
The construction equipment company and bellwether for the industrial sector gave investors a weak profit forecast for 2020.
International Business Machines Corp., up $6.96 to $143.73
Ginni Rometty, the first female CEO in technology company’s century-long history, is leaving the helm in April.
World Wrestling Entertainment Inc., down $13.42 to $48.88
The wrestling entertainment company said co-presidents George Barrios and Michelle Wilson will resign immediately.