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Disney, Monster Beverage rise; Teladoc, Nikola fall

08/05/2020 | 05:28pm


Stocks that moved heavily or traded substantially on Wednesday:

Walt Disney Co., up $10.32 to $127.61.

The entertainment conglomerate reported earnings that didn't fall as much as Wall Street had feared.

Teladoc Health Inc., down $47.41 to $202.01.

The telemedicine provider will buy Livongo Health for more than $18 billion.

Nikola Corp., down $3.81 to $35.03.

The electric vehicle maker, whose stock has more than doubled since April, reported a wider loss than analysts were expecting.

Monster Beverage Corp., up $5.09 to $83.10.

The energy drink maker reported earnings for its latest quarter that easily beat analysts' estimates.

Novavax Inc., up $16.32 to $173.49.

The biotech company reported data on its COVID-19 vaccine candidate. Analysts called it encouraging but cautioned against over-interpreting the data.

Prudential Financial Inc., up $3.92 to $67.20.

The financial services company reported earnings and revenue well ahead of what Wall Street analysts were expecting.

Match Group Inc., up $13.14 to $120.71.

The online dating company reported results that came in well ahead of estimates.

Fiverr International Lt., up $18.65 to $122.87.

The online marketplace for freelance services surprised investors with results that were far better than expected.

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 This material may not be published, broadcast, rewritten or redistributed without permission., source Associated Press News

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