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American Express, Twitter rise; Boston Beer, Intel fall

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American Express, Twitter rise; Boston Beer, Intel fall

Stocks that traded heavily or had substantial price changes Friday: American Express, Twitter rise; Boston Beer, Intel fallBy The Associated PressJuly 23, 2021, 8:20 PM• 1 min readShare to FacebookShare to TwitterEmail this articleStocks that traded heavily or had substantial price changes Friday:TAL Education Corp., down $14.52 to $6.U.S.-listed shares of Chinese for-profit education companies sank on fears of a regulatory clampdown by Beijing.Boston Beer Co., down $246.54 to $701.The brewer of Samuel Adams beer reported weaker-than-expected results, saying it overestimated demand for hard seltzer.Intel Corp., down $2.96 to $53.The chipmaker reported solid second-quarter financial results but also said supply chain problems would likely persist.Twitter Inc., up $2.12 to $71.69.The social media company handily beat Wall Street’s second-quarter financial forecasts on growing advertising demand.Snap Inc., up $15 to $77.97.The parent company of Snapchat reported results that were much better than Wall Street was expecting.Skechers U.S.A. Inc., up $3.01 to $54.22.The shoe company reported strong second-quarter financial results and gave investors an encouraging profit forecast.American Express Co., up $2.28 to $173.18.The credit card issuer reported strong second-quarter profit and revenue as consumer spending increased.Kimberly-Clark Corp., up 71 cents to $135.66.The maker of Huggies diapers and Kleenex tissue reported disappointing second-quarter financial results.


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