Stocks that traded heavily or had substantial price changes on Wednesday:
Tesla Inc. (TSLA), down $28.11 to $218.27
The electric vehicle maker said its profit for the spring fell 45% from a year earlier.
Alphabet Inc. (GOOGL), down $7.93 to $173.86
Analysts pointed to pockets of weakness at Google’s parent company including weaker-than-expected growth in advertising at YouTube.
Lamb Weston Holdings Inc. (LW), down $21.12 to $57.50
The supplier of french fries warned of weaker demand because of “menu price inflation.”
Tenet Healthcare Corp. (THC), up $8.63 to $147.31
The hospital operator reported earnings that easily beat forecasts and raised its outlook for the year.
Mattel Inc. (MAT), up $1.70 to $18.94
The Barbie maker delivered earnings that came in head of what analysts were expecting.
Seagate Technology Holdings PLC (STX), up $5.95 to $111.25
The data storage company reported profits that came in well ahead of forecasts and raised its outlook for the current quarter.
Otis Worldwide Inc. (OTIS), down $6.12 to $92.26
The maker of elevators and escalators reported weaker-than-expected revenue for its latest quarter and cut its guidance for the full year.
Flex Ltd. (FLEX), up $2.67 to $32.39
The manufacturing services company delivered higher profits and revenue than analysts were expecting.
