AutoZone, Macy's rise; Unity Software, CarGurus fall, Tuesday, 2/27/2024

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Stocks that traded heavily or had substantial price changes on Tuesday: AutoZone, Macy’s rise; Unity Software, CarGurus fall

NEW YORK — Stocks that traded heavily or had substantial price changes on Tuesday:

AutoZone Inc., up $184.53 to $2,954.99.

The auto parts retailer beat analysts’ fiscal second-quarter earnings and revenue forecasts.

Macy’s Inc., up 65 cents to $19.95.

The department store chain reported strong fourth-quarter financial results and announced plans to close 150 locations.

Zoom Video Communications Inc., up $5.05 to $68.17.

The video-conferencing company’s fourth-quarter earnings and revenue beat Wall Street forecasts.

Unity Software Inc., down $2.02 to $31.02.

The video gaming software company gave investors a weak revenue forecast.

CarGurus Inc., down 37 cents to $23.52.

The online auto shopping platform gave investors a disappointing financial forecast.

Expedia Group Inc., up $1.29 to $136.24.

The online travel company announced a restructuring plan that includes job cuts.

Norwegian Cruise Line Holdings Ltd., up $3.16 to $19.09.

The cruise line gave investors an encouraging earnings forecast.

Viking Therapeutics Inc., up $46.57 to $85.05.

The biopharmaceutical company gave investors an encouraging update for a potential weight-loss drug.



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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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