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American Express, the rise of Twitter; Boston Beer, Intel Fall


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.

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How the major US stock indices performed on Friday