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Molson Coors, Tapestry fall; Tesla, Facebook rise

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Thursday:

McDonald's Corp., down 26 cents to $187.56.

The fast-food chain's first-quarter profit fell short of Wall Street forecasts as the virus pandemic dented sales.

Comcast Corp., down $1.37 to $37.63.

The cable and entertainment company's first-quarter profit slid and as the virus pandemic shut down theme parks and movie theaters.

Tesla Inc., down $18.63 to $781.88.

The electric vehicle maker surprised Wall Street with a first-quarter profit.

Facebook Inc., up $10.16 to $204.35.

The social media company reported a surge in users during the first quarter and its ad revenue started to stabilize.

ServiceNow Inc., up $29.55 to $351.54.

The maker of automation software beat analysts' first-quarter financial forecasts.

Tapestry Inc., down $2.17 to $14.88.

The owner of the Coach and Kate Spade brands reported a sharper loss than Wall Street expected as stores remain closed.

Molson Coors Beverage Co., down $5.16 to $41.01.

The brewer said that it expects shutdowns of bars and restaurants to hurt its finances in 2020.

American Airlines Group Inc., down 62 cents to $12.01.

The airline reported a much bigger loss than Wall Street forecast as the virus pandemic stunts demand for travel.

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Companies Mentioned in This Article

CompanyMarketRankâ„¢Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Tesla (TSLA)
4.5271 of 5 stars
$315.655.0%N/A173.43Hold$300.64
Comcast (CMCSA)
4.9838 of 5 stars
$35.83-1.4%3.68%8.80Moderate Buy$41.80
American Airlines Group (AAL)
4.2569 of 5 stars
$11.631.0%N/A12.92Moderate Buy$15.68
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