Carvana, Constellation Brands rise; Omnicom, ASML Holding fall, Wednesday, 7/19/2023

→ The Gold Grab of the Century (From Colonial Metals) (Ad)

Stocks that traded heavily or had substantial price changes on Wednesday:

Carvana Co., up $16 to $55.80.

The used car retailer announced a comprehensive debt restructuring deal.

ASML Holding N.V., down $41.25 to $715.78.

The semiconductor equipment supplier warned of caution from chipmakers and a delayed recovery.

Omnicom Group Inc., down $10.14 to $87.78.

The advertising company reported weak second-quarter revenue and warned of economic uncertainty.

Constellation Brands Inc., up $13.60 to $267.93.

The wine, liquor and beer company announced new board members and an information sharing deal with Elliott Investment Management.

M&T Bank Corp., up $3.34 to $138.10.

The bank's second-quarter earnings and revenue beat analysts' forecasts.

VMware Inc., up $8.21 to $166.69.

Broadcom moved closer to buying the cloud technology company after clearing a regulatory hurdle in Britain.

Elevance Health Inc., up $19.52 to $463.21.

The health insurer reported strong fiscal second-quarter financial results and raised its profit forecast.

Toll Brothers Inc., down 64 cents to $81.98.

Homebuilders slipped after a report on home construction fell short of economists' forecasts.

Where should you invest $1,000 right now?

Before you make your next trade, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.

Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.

They believe these five stocks are the five best companies for investors to buy now...

See The Five Stocks Here

Investing Strategies To Help Grow Your Retirement Income Cover

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report

Featured Articles and Offers

Search Headlines: