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Qualcomm, Upwork rise; Hanesbrands, Incyte fall

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

Upwork Inc., up $8.81 to $29.03.

The online marketplace for freelancers reported a surprise third-quarter profit and gave investors an encouraging revenue forecast.

Coupa Software Inc., up $35.35 to $311.48.

Walmart gave the software company a contract to upgrade its source-to-pay processes.

Hanesbrands Inc., down $3.04 to $13.33.

The underwear maker gave investors a weak financial forecast and warned of uncertainty around the virus pandemic.

Qualcomm Inc., up $16.44 to $145.41.

The chipmaker gave investors a strong financial forecast after reporting surprisingly good fiscal fourth-quarter earnings.

MercadoLibre Inc., up $122.11 to $1,437.80.

The online marketplace and payments system in Latin America beat analysts' third-quarter financial forecasts.

Expedia Group Inc., up $4.60 to $103.10.

The travel reservations company's third-quarter earnings and revenue beat Wall Street forecasts.

General Motors Co., up $1.90 to $37.14.

The auto maker posted a huge third-quarter profit and blew past analysts' forecasts.

Incyte Corp., down $6.56 to $84.65.

The specialty drug maker reported a surprising third-quarter loss and disappointing revenue.

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
QUALCOMM (QCOM)
4.9157 of 5 stars
$161.830.2%2.20%15.61Moderate Buy$182.82
Upwork (UPWK)
1.8611 of 5 stars
$16.863.0%N/A9.69Moderate Buy$18.67
Coupa Software (COUP)N/A$80.97flatN/A-18.11N/AN/A
Incyte (INCY)
4.7527 of 5 stars
$83.10-3.6%N/A18.89Hold$82.53
Hanesbrands (HBI)
3.1166 of 5 stars
$6.24-2.1%9.62%25.98Hold$6.50
General Motors (GM)
3.966 of 5 stars
$58.51-0.3%1.03%9.29Moderate Buy$59.00
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