Stocks that traded heavily or changed significantly on Friday: American Express, Twitter gain; Boston Beer, Intel Fall
Stocks that traded heavily or had substantial price changes on Friday:
TAL Education Corp., down from $14.52 to $6.
US-listed shares of China’s for-profit education companies plunged on fears of regulatory oversight by Beijing.
Boston Beer Company, down from $246.54 to $701.
The brewer of Samuel Adams beer reported weaker-than-expected results, saying it undercut demand for hard seltzer.
Intel Corp., down $2.96 to $53.
The chipmaker reported solid second-quarter financial results, but also said that supply chain problems are likely to persist.
Twitter Inc., from $2.12 to $71.69.
The social media company easily beat Wall Street’s second-quarter financials on rising advertising demand.
Snap Inc., from $15 to $77.97.
Snapchat’s parent company reported better-than-expected results on Wall Street.
Skechers USA Inc., $3.01 to $54.22.
The shoe company reported strong second-quarter financial results and gave investors an encouraging profit forecast.
American Express Company from $2.28 to $173.18.
The credit card issuer reported strong second quarter profit and revenue as consumer spending increased.
Kimberly-Clark Corp., from 71 cents to $135.66.
The maker of Huggies diapers and Kleenex tissue reported disappointing second-quarter financial results.