Yahoo Finance Pepsico and Nvidia rise, while Mattel and Newell Brands slip
Pepsico and Nvidia rise, while Mattel and Newell Brands slip
Stocks that moved substantially or traded heavily on Friday:
Arista Networks Inc., up $23.17 to $263.95
The cloud-computing company beat fourth-quarter forecasts on a surge in revenue and issued a strong first-quarter outlook.
Nvidia Corp., up $2.81 to $157.34
The chipmaker's reported a better-than-expected quarterly profit and forecast for the current year.
XPO Logistics Inc., down $7.58 to $51.97
The logistics company cut its profit forecast for the year citing the loss of a key customer.
TrueCar Inc., down $2.54 to $7.70
The provider of information on car costs fell short of profit and revenue forecasts for the quarter, while giving a weak outlook.
LogMeIn Inc., down $13.07 to $82.87
The cloud-computing company gave investors a weak first-quarter profit forecast and announced a restructuring plan.
Newell Brands Inc., down $4.53 to $17.16
The consumer products company fell short of revenue forecasts and expects weak sales going forward as it deals with the loss of key retailer Babies 'R' Us.
Mattel Inc., down $3.09 to $13.82
The toy maker issued a weaker-than-expected 2019 revenue outlook.
Pepsico Inc., up $3.32 to $115.91
The beverage maker reported sales growth in North America and plans to buy back about $8 billion in stock in 2019.
