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Wells Fargo, Exxon Mobil fall; Thermo Fisher, Axon rise

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

Exxon Mobil Corp., down $2.42 to $47.89.

The energy company's stock slipped as oil prices fell.

Progress Software Corp., down $4.67 to $44.14.

The business software maker gave investors a disappointing first-quarter profit and revenue forecast.

Ideanomics Inc., down 12 cents to $3.18.

The electric vehicle-investor delivered an encouraging fourth-quarter sales report.

Axon Enterprise Inc., up $1.13 to $150.77.

The maker of stun guns and body cameras renewed a five-year contract with the Los Angeles Police Department.

Thermo Fisher Scientific Inc., up $6.23 to $503.14.

The maker of scientific instruments is buying the viral vector manufacturing unit of life sciences company Novasep.

Gap Inc., down 33 cents to $22.06.

A weak government retail sales report for December weighed on the clothing and accessories sector.

Wells Fargo & Co., down $2.71 to $32.04.

The biggest U.S. mortgage lender fell short of Wall Street forecasts for a key revenue measure.

Citigroup Inc., down $4.78 to $64.23.

The bank's steep drop in revenue was even worse than analysts expected.

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Companies Mentioned in This Article

CompanyMarketRankâ„¢Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Citigroup (C)
4.9324 of 5 stars
$90.553.5%2.47%14.31Moderate Buy$89.11
Exxon Mobil (XOM)
4.9288 of 5 stars
$112.90-0.9%3.51%14.97Moderate Buy$126.05
Wells Fargo & Company (WFC)
4.8177 of 5 stars
$78.97-5.3%2.03%14.18Moderate Buy$80.13
Thermo Fisher Scientific (TMO)
4.9925 of 5 stars
$418.32-1.7%0.41%24.53Moderate Buy$600.30
Progress Software (PRGS)
4.7603 of 5 stars
$47.66-2.3%1.47%36.38Moderate Buy$75.17
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