ASML, Five Below fall; J&J, V.F. Corp. rise; Wednesday, 7/17/2024

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Stocks that traded heavily or had substantial price changes on Wednesday:

ASML Holding NV (ASML), down $120.19 to $948.

Bloomberg News said the U.S. is considering severe trade curbs if companies like ASML continue shipping advanced chip tech to China.

Five Below Inc. (FIVE), down $23.33 to $78.74.

CEO Joel Anderson left the discount retailer. The company also gave a profit forecast that fell short of expectations.

Spirit Airlines Inc. (SAVE), down 32 cents to $2.84.

The discount carrier cut its revenue forecast, saying it’s making less than expected from fees.

V.F. Corp. (VFC), up $1.14 to $15.36.

The maker of Vans and Timberlands footwear is selling its Supreme business to eyewear maker EssilorLuxottica for $1.5 billion.

U.S. Bancorp (USB), up $1.99 to $45.28.

The bank, which has lagged the market this year, rose after beating analysts’ forecasts for profit and revenue.

Johnson & Johnson (JNJ), up $4.79 to $155.80.

The maker of health care products reported results that beat analysts’ forecasts.

Bloom Energy Corp. (BE), up 67 cents to $15.75.

The company announced a deal to provide fuel cells to data center operator CoreWeave.

Prologis Inc. (PLD), up $5.23 to $126.72.

The owner of logistics real estate reported stronger-than-expected results.



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Lisa Holden
Lisa Holden
Lisa Holden is a news writer for LinkDaddy News. She writes health, sport, tech, and more. Some of her favorite topics include the latest trends in fitness and wellness, the best ways to use technology to improve your life, and the latest developments in medical research.

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