Brinker, Gilead rise; Hasbro, Akamai Technologies fall

Stocks that moved heavily or traded substantially on Wednesday: Brinker, Gilead rise; Hasbro, Akamai Technologies fall

By

The Associated Press

April 29, 2020, 8:19 PM

1 min read

1 min read

NEW YORK — Stocks that moved heavily or traded substantially on Wednesday:

Brinker International Inc., up $5.70 to $24.84.

The owner of Chili’s Grill & Bar and Maggiano’s Little Italy handily beat analysts’ fiscal third-quarter profit forecasts.

Alphabet Inc., up $109.59 to $1,342.18.

Google’s parent company reported a surprising jump in first-quarter revenue.

Gilead Sciences Inc., up $4.47 to $83.14.

The biotechnology company gave investors an encouraging update on a possible treatment for COVID-19.

Sherwin-Williams Co., up $30.13 to $538.86.

The paint and coatings maker reported surprisingly good first-quarter profit and revenue.

Akamai Technologies Inc., down $4.06 to $97.87.

The cloud services provider pulled its financial forecasts for the year.

Hasbro Inc., down $4.95 to $72.91.

The toy maker’s first-quarter earnings and revenue fell short of analysts’ forecasts.

Humana Inc., up $14.51 to $377.38.

The health insurer handily beat Wall Street’s first-quarter profit and revenue forecasts.

Mondelez International Inc., down 12 cents to $51.05.

The maker of Oreo cookies, Cadbury chocolate and Trident gum pulled its financial forecasts and suspended its stock buyback program.

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