Mattel, Snap rise; American Express, Kimberly-Clark fall

[ASFN Admin]

NEW YORK — Stocks that traded heavily or had substantial price changes Friday: Snap Inc., up, $4.25 to $61.30. The company behind Snapchat beat Wall Street's first-quarter earnings and revenue forecasts. Boston Beer Co., up $37.90 to $1,283.90. The brewer of Samuel Adams beer blew away analysts' first-quarter profit forecasts on strong demand. Mattel Inc., up 17 cents to $21.05. The maker of Barbie, Hot Wheels and other toys beat Wall Street's first-quarter earnings and revenue forecasts. Skechers U.S.A. Inc., up $7.39 to $51.90. The shoe company said customer traffic is improving and it reported strong first-quarter financial results. Quidel Corp., down $6.21 to $116.01. The maker of diagnostic health care products gave investors a weak revenue forecast. Skyworks Solutions Inc., up $7.50 to $190.92 The chipmaker is buying the infrastructure and automotive business of Silicon Labs for $2.75 billion. Kimberly-Clark Corp., down $8.22 to $132.11. The maker of Huggies diapers, Kleenex tissues and other consumer products reported disappointing first-quarter financial results. American Express Co., down $2.83 to $144.33. The credit card issuer and global payments company reported weak first-quarter revenue. The Associated Press

Continue reading...