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Starbucks, Lumentum rise; Lyft, Tupperware fall

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

Advanced Micro Devices Inc., up $8.29 to $99.42.

The chipmaker raised its revenue forecast for the year after reporting strong first-quarter financial results.

Airbnb Inc., up $11.18 to $156.18.

The short-stay home rentals company sharply narrowed its first-quarter loss as travel demand rebounded and it gave investors an encouraging revenue forecast.

Starbucks Corp., up $7.31 to $81.64.

The coffee chain reported surprisingly strong sales at stores that have been open at least a year, a key measure of health for retailers.

Lyft Inc., down $9.20 to $21.56.

The ride-hailing company gave investors a disappointing revenue forecast for its current quarter.

Tupperware Brands Corp., down $5.76 to $12.15.

The direct seller of plastic storage containers and cosmetics withdrew its financial forecasts for the year following a highly disappointing first quarter.

Akamai Technologies Inc., down $11.03 to $102.77.

The cloud services provider reported weak first-quarter earnings and revenue.

Skyworks Solutions Inc. down $5.94 to $113.53.

The chipmaker gave investors a weak financial forecast as strict COVID-19 lockdown measures in China hurt production.

Lumentum Holding Inc., up $7.36 to $89.50.

The optical networking products maker reported strong fiscal third-quarter financial results.

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Companies Mentioned in This Article

CompanyMarketRankâ„¢Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Tupperware Brands (TUP)
0.3337 of 5 stars
$0.00-100.0%N/A0.37N/AN/A
Skyworks Solutions (SWKS)
3.7708 of 5 stars
$72.70-0.4%3.85%28.51Reduce$79.06
Akamai Technologies (AKAM)
4.201 of 5 stars
$76.53-0.4%N/A25.78Moderate Buy$101.25
Lyft (LYFT)
4.2813 of 5 stars
$14.71-1.1%N/A98.09Hold$16.78
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