Alphabet, Roper Technologies fall; Boeing, Paramount rise, Wednesday, 1/31/2024
NEW YORK — Stocks that are trading heavily or have substantial price changes on Wednesday:
Alphabet Inc. (GOOGL), down $9.85 to $141.61.
Google's parent company reported disappointing advertising sales growth during its fourth-quarter.
Advanced Micro Devices Inc. (AMD), down $4.81 to $167.26.
The chipmaker gave investors a weak revenue forecast for its current quarter.
Paramount Global (PARA), up $1.08 to $14.76.
Media mogul Byron Allen is reportedly trying to buy the owner of CBS and MTV.
Boeing Co. (BA), up $12.33 to $212.77.
The troubled jet maker beat analysts' fourth-quarter earnings and revenue forecasts.
Avnet Inc. (AVT), down $2.53 to $45.34.
The distributor of electronic components gave investors a weak earnings forecast.
Fortive Corp. (FTV), up $2.72 to $77.42.
The industrial conglomerate gave investors a strong earnings forecast for the year.
Roper Technologies Inc. (ROP), down $17.94 to $543.64.
The industrial equipment maker gave investors a weak earnings forecast for the year.
Mondelez International Inc. (MDLZ), down 87 cents to $75.47.
The maker of Oreo cookies and Ritz crackers warned about cooling demand and weaker volumes.
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