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Neftlix, Alphabet rise; Lilly, Concentrix fall

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

Alphabet Inc., up $4.97 to $98.02.

Google's owner is cutting 12,000 jobs, about 6% of its workforce, the latest tech company to trim staff.

Netflix Inc., up $26.72 to $342.50.

Subscriber growth is surging again at the streaming video pioneer, an early sign that its ad-supported service is keeping it competitive.

Eli Lilly Inc., down $5.01 to $346.07.

Regulators said they need more data on the company’s application for a quick approval of potential Alzheimer’s disease treatment.

Playtika Holding Corp., up 71 cents to $10.20.

The Israeli mobile game editor is offering to buy Rovio Entertainment Corp., the maker of “Angry Birds."

Wayfair Inc., up $7.88 to $46.79.

The online home furnishings store said it was cutting 1,750 jobs, or 10% of its workforce, as part of a cost-cutting program.

PPG Industries Inc., up $7.40 to $131.

The maker of paints and coatings reported results that beat analysts' estimates.

Regions Financial Corp., up $1 to $22.69.

The Alabama-based bank reported results that came in ahead of what Wall Street analysts expected.

Concentrix Corp. down 97 cents to $141.99.

The business services company reported results that fell short of Wall Street's expectations.

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Companies Mentioned in This Article

CompanyMarketRankâ„¢Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
PPG Industries (PPG)
4.6322 of 5 stars
$106.940.8%2.54%24.25Moderate Buy$129.82
Regions Financial (RF)
4.9001 of 5 stars
$24.921.1%4.01%11.59Moderate Buy$27.33
Wayfair (W)
3.2043 of 5 stars
$72.29-1.4%N/A-30.12Moderate Buy$65.96
Alphabet (GOOGL)
4.13 of 5 stars
$201.422.5%0.42%21.45Moderate Buy$211.53
Netflix (NFLX)
4.3967 of 5 stars
$1,211.642.6%N/A51.63Moderate Buy$1,297.66
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