Fastenal, LiveRamp rise; Humana, Discover Financial fall, Thursday, 1/18/2024
By AP News - Jan 18, 2024, 12:30 PM ET
Last Updated - Jan 18, 2024, 12:30 PM EST
Stocks that are trading heavily or have substantial price changes on Thursday: Fastenal, LiveRamp rise; Humana, Discover Financial fall
NEW YORK (AP) — Stocks that are trading heavily or have substantial price changes on Thursday:
Taiwan Semiconductor Manufacturing Co. (TSM), up $7.84 to $110.79.
The chipmaker gave investors an encouraging revenue forecast.
Humana Inc. (HUM), down $53.47 to $394.29.
Higher-than-expected costs are forcing the health insurer to slash profit expectations.
Fastenal Co. (FAST), up $3.78 to $67.16.
The distributor of nuts and bolts to the construction industry beat analysts' fourth-quarter earnings forecasts.
Discover Financial Services (DFS), down $11.41 to $97.33.
The credit card issuer and lender's fourth-quarter earnings fell short of Wall Street forecasts.
KeyCorp (KEY), down 70 cents to $13.15
The bank's fourth-quarter earnings missed analysts' forecasts.
Goodyear Tire & Rubber Co. (GT), down 2 cents to $13.87.
The tire maker has named former Stellantis executive Mark Stewart as its new CEO.
M.D.C. Holdings Inc. (MDC), up $9.67 to $62.77.
Sekisui House is buying the homebuilder for $4.9 billion.
LiveRamp Holdings, Inc. (RAMP), up $3.43 to $40.34.
The data-services company is buying San Francisco based privacy software supplier Habu for about $200 million.