Eli Lilly, Fox rise; Beyond Meat, RingCentral fall, Tuesday, 8/8/2023

→ Claim Your Complimentary Bitcoin Reward (From Crypto Swap Profits) (Ad)

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Tuesday:

Eli Lilly and Co., up $67.52 to $521.60.

The drug developer reported strong second-quarter earnings and surprisingly good sales of its diabetes treatment Mounjaro.

Novo Nordisk, up $27.81 to $189.17.

The drug developer gave investors an encouraging update on potential additional benefits from its weight-loss drug Wegovy.

RingCentral Inc., down $7.18 to $31.80.

The cloud-based phone system provider for small businesses said Tarek Robbiati will replace CEO Vlad Shmunis.

Beyond Meat Inc., down $2.18 to $13.10.

The meat substitute maker trimmed its sales forecast for the year.

United Parcel Service Inc., down $1.60 to $180.55.

The package delivery company reported weak second-quarter revenue and trimmed its sales forecast for the year.

Fox Corp., up $1.73 to $32.87.

The TV broadcasting company beat analysts' fiscal fourth-quarter earnings and revenue forecasts.

The New York Times Co., up $3.47 to $44.29.

The newspaper publisher reported strong second-quarter financial results.

International Flavors & Fragrances Inc., down $15.56 to $64.78.

The ingredients producer for food, cosmetics and consumer products industries cut its sales forecast for the year.

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

The 10 Best AI Stocks to Own in 2024 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report

Featured Articles and Offers

Search Headlines: