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MGM Resorts, Sonos rise; Mattel, Affirm Holdings fall

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

The Walt Disney Co., down $1.42 to $110.36.

The media and amusement park giant announced layoffs and a cost-savings plan.

Affirm Holdings Inc., down 2.73 to $13.29.

The digital commerce platform cut its revenue forecast for the year.

Mattel Inc., down $2.19 to $18.31.

The maker of Barbie and Hot Wheels slashed its profit forecast for the year.

AppLovin Corp., up $3.43 to $16.11.

The mobile app technology company gave investors an encouraging revenue forecast for the current quarter.

Tapestry Inc., up $1.50 to $44.71.

The owner of the Coach and Kate Spade fashion brands reported strong fiscal second-quarter earnings.

MGM Resorts International, up $2.67 to $44.10.

The owner of the Bellagio, Luxor and other Las Vegas casinos reported strong fourth-quarter revenue.

Sonos Inc., up $2.94 to $20.80.

The maker of wireless speakers and home audio equipment handily beat analysts' fiscal first-quarter profit forecasts.

Sumo Logic Inc., down 28 cents to $11.90.

Francisco Partners is buying the software company for about $1.7 billion.

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Companies Mentioned in This Article

CompanyMarketRankâ„¢Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Mattel (MAT)
4.633 of 5 stars
$16.86-0.9%N/A10.88Moderate Buy$24.38
MGM Resorts International (MGM)
4.7441 of 5 stars
$35.75-1.9%N/A19.64Moderate Buy$48.56
Walt Disney (DIS)
4.7993 of 5 stars
$116.57-2.1%0.86%23.84Moderate Buy$128.70
Sonos (SONO)
1.6989 of 5 stars
$10.36-4.2%N/A-17.56Hold$12.25
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