Walt Disney, Confluent rise; PayPal, O'Reilly Automotive fall, Thursday, 2/8/2024

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NEW YORK — Stocks that are trading heavily or have substantial price changes on Thursday.

Walt Disney Co. (DIS), up $12.28 to $111.42.

The entertainment giant gave investors an encouraging financial update and announced a stake in Fortnite maker Epic Games.

PayPal Holdings Inc. (PYPL), down $7.07 to $56.17.

The technology platform and digital payments company gave investors a weak earnings forecast.

O’Reilly Automotive Inc. (ORLY), down $50.12 to $1,016.90.

The auto parts retailer gave investors a disappointing earnings forecast for the year.

Monolithic Power Systems Inc. (MPWR), up $104.41 to $749.82.

The chipmaker beat analysts’ fourth-quarter financial forecasts and raised its dividend.

Mattel Inc. (MAT), up 14 cents to $18.95.

The maker of Barbie and Hot Wheels gave investors a strong earnings forecast and announced a cost cutting plan.

Qualys Inc. (QLYS), down $8.62 to $168.55.

The maker of security-analysis software gave investors a disappointing earnings forecast.

Confluent Inc. (CFLT), up $7.54 to $31.83.

The data infrastructure software company beat Wall Street’s fourth-quarter earnings and revenue forecasts.

BorgWarner Inc. (BWA), down $2.53 to $31.30.

The auto parts supplier gave investors a discouraging earnings forecast for the year.



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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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