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Meta Platforms, Spotify fall; Humana, Ralph Lauren rise

Stocks that traded heavily or had substantial price changes Thursday:

Meta Platforms Inc., down $85.24 to $237.76.

Facebook's parent company gave investors a weak revenue forecast.

Spotify Technology SA, down $32.16 to $159.76.

The music-streaming service gave investors a weak forecast for a closely watched measure of its earnings.

T-Mobile US Inc., up $11.20 to $120.78.

The wireless carrier's fourth-quarter profit beat Wall Street forecasts.

Biogen Inc., down $4.79 to $220.17

The drug maker gave investors a disappointing revenue forecast for the year.

Humana Inc., up $24.99 to $426.21.

The health insurer's fourth-quarter earnings beat analysts' forecasts.

Ralph Lauren Corp., up $4.01 to $117.68.

The upscale clothing company reported strong fiscal third-quarter financial results.

Red Rock Resorts Inc., up $1.49 to $45.77.

The casino and entertainment facility operator handily beat Wall Street's fourth-quarter profit forecasts.

McKesson Corp., up $8.96 to $267.42.

The prescription drug distributor raised its profit forecast for the year.

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Companies Mentioned in This Article

CompanyMarketRankâ„¢Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
T-Mobile US (TMUS)
4.9406 of 5 stars
$228.15-1.8%1.54%22.26Moderate Buy$252.61
Red Rock Resorts (RRR)
3.1908 of 5 stars
$57.324.6%1.74%22.22Moderate Buy$52.00
McKesson (MCK)
4.6946 of 5 stars
$714.05-1.8%0.40%27.64Moderate Buy$706.83
Ralph Lauren (RL)
4.7573 of 5 stars
$290.21-0.1%1.26%25.00Moderate Buy$292.88
Humana (HUM)
4.6312 of 5 stars
$231.97-2.0%1.53%16.41Hold$280.76
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