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Snap, WD-40 rise; Netflix, Casella fall

10/21/2020 | 04:15pm

NEW YORK (AP) — Stocks that moved heavily or traded substantially Wednesday:

Netflix, down $36.37 to $489.05

The streaming service's subscriber growth slowed dramatically during the summer months and its forecast disappointed investors.

Snap, up $8.05 to $36.50

The company behind Snapchat beat Wall Street's third-quarter earnings forecast and reported solid user growth.

Casella Waste Systems, down $3.10 to $57.00

The provider of garbage-disposal and recycling services is publicly offering just just under 2.4 million shares of stock.

PNM Resources, up $4.16 to $49.90

Avangrid is buying the regional electric utility company for $4.3 billion.

Avery Dennison, up $8.22 to $142.56

The maker of office products beat Wall Street's third-quarter financial forecasts and raised its dividend.

Thermo Fisher Scientific, up $3.50 to $468.76

The maker of scientific instrument and laboratory supplies handily beat analysts' third-quarter profit forecasts.

WD-40, up $37.11 to $234.61

The maintenance and cleaning product company beat Wall Street's fiscal fourth-quarter profit forecasts.

AutoNation, up $1.21 to $64.24

The auto retailer's third-quarter profits blew past Wall Street forecasts on sales of new and used vehicles.

Copyright 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission., source Associated Press News

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