Be Legendary Podcast promo

McDonald's, Boeing fall; Estee Lauder, ON Semiconductor rise, Monday, 2/5/2024


Stocks that are trading heavily or have substantial price changes on Monday: McDonald’s, Boeing fall; Estee Lauder, ON Semiconductor rise

NEW YORK — Stocks that are trading heavily or have substantial price changes on Monday:

McDonald’s Corp. (MCD), down $13.31 to $283.74.

The burger chain’s fourth-quarter revenue fell short of Wall Street forecasts.

Caterpillar Inc. (CAT), up $4 to $319.09.

The construction equipment maker reported strong fourth-quarter financial results.

Estee Lauder Companies Inc. (EL), up $18.92 to $153.04.

The beauty products company announced job cuts as part of a restructuring plan.

ON Semiconductor Corp. (ON), up $5.98 to $76.81.

The semiconductor components maker beat analysts’ fourth-quarter earnings and revenue forecasts.

Boeing Co. (BA), down $4.16 to $205.23.

The airplane maker discovered another problem in some of its 737 fuselages that may delay deliveries of about 50 aircraft.

Catalent Inc. (CTLT), up $5.30 to $59.81.

Novo Holdings is buying the maker of drug delivery technologies.

Everbridge Inc. (EVBG), up $4.42 to $28.21.

Thoma Bravo is buying the software developer for $1.5 billion.

Elanco Animal Health Inc. (ELAN), up 93 cents to $15.66.

Merck is buying the animal health products company’s aquatics business.



Source link

About The Author

Scroll to Top