CrowdStrike, Scholastic fall, Intuitive Surgical, SLB rise; Friday, 7/19/2024
Stocks that traded heavily or had substantial price changes on Friday:
CrowdStrike Holdings Inc. (CRWD), down $37.86 to $305.20.
A global IT outage affecting flights and businesses appears to have been triggered by a faulty update sent from the cybersecurity company.
Scholastic Corp. (SCHL), down $7.15 to $29.41.
The school book publisher badly missed Wall Street’s fourth-quarter sales and profit targets.
American Express Co. (AXP), down $8.31 to $240.89.
The credit card issuer delivered revenue for the latest quarter that fell short of analysts’ forecasts.
Intuitive Surgical Inc. (ISRG), up $33.05 to $449.19.
The maker of robotic-assisted surgical systems reported results that far outpaced what analysts were expecting.
Huntington Bancshares Inc. (HBAN), up 40 cents to $14.70.
The Ohio-based bank reported better-than-expected profit for the latest quarter as its total deposits increased.
SLB (SLB), up $1.46 to $50.18.
The Houston-based energy technology company reported higher earnings and revenue than analysts had expected.
Selective Insurance Group Inc. (SIGI), down $17.49 to $82.83.
The property and casualty insurer reported a surprise loss for its latest quarter.
PPG Industries Inc. (PPG), down $4.80 to $126.91.
The Pittsburgh-based maker of paints and coatings cut its forecast for full-year earnings.