Facebook, Qualcomm rise; Merck, Hologic fall

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

Facebook Inc., up $22.41 to $329.51.

The social media company reported a jump in advertising revenue during the first quarter and beat analysts' profit forecasts.

Generac Holdings Inc., up $21.02 to $337.18.

The maker of backup power generators raised its profit forecast after reporting strong first-quarter financial results.

Aspen Technology Inc., down $20.25 to $132.64.

The software company reported disappointing fiscal third-quarter financial results.

Cree Inc., down $14.20 to $98.53.

The lighting products maker gave investors a disappointing profit forecast.

Hologic Inc., down $6.17 to $66.23.

The medical device maker’s fiscal second-quarter profit fell short of Wall Street forecasts.

Merck & Co., down $3.41 to $73.68.

The drug developer reported weak first-quarter profit and revenue.

Qualcomm Inc., up $6.11 to $142.68

The chipmaker reported strong demand during the second-quarter and solid financial results.

Comcast Corp., up $2.30 to $56.40.

The owner of NBC and Xfinty reported first-quarter profit and revenue that beat analysts’ forecasts.

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Aspen Technology (AZPN)
0.7581 of 5 stars
$202.10+0.4%N/A-149.70Moderate Buy$203.67
Generac (GNRC)
4.3837 of 5 stars
$133.38+3.7%N/A36.74Moderate Buy$142.40
Cree (CREE)
0.031 of 5 stars
$25.33+7.5%N/A-5.42N/A
Hologic (HOLX)
4.3946 of 5 stars
$76.54+0.8%N/A39.05Moderate Buy$84.56
QUALCOMM (QCOM)
4.8484 of 5 stars
$179.64-0.3%1.78%24.15Moderate Buy$179.36
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