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Wells Fargo, Exxon Mobil fall; Thermo Fisher, Axon rise

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Wells Fargo, Exxon Mobil fall; Thermo Fisher, Axon rise

Stocks that moved heavily or traded substantially Friday: Wells Fargo, Exxon Mobil fall; Thermo Fisher, Axon riseByThe Associated PressJanuary 15, 2021, 9:21 PM• 1 min readNEW YORK — Stocks that moved heavily or traded substantially Friday:Exxon Mobil Corp., down $2.42 to $47.89.The energy company’s stock slipped as oil prices fell.Progress Software Corp., down $4.67 to $44.14.The business software maker gave investors a disappointing first-quarter profit and revenue forecast.Ideanomics Inc., down 12 cents to $3.18.The electric vehicle-investor delivered an encouraging fourth-quarter sales report.Axon Enterprise Inc., up $1.13 to $150.77.The maker of stun guns and body cameras renewed a five-year contract with the Los Angeles Police Department.Thermo Fisher Scientific Inc., up $6.23 to $503.14.The maker of scientific instruments is buying the viral vector manufacturing unit of life sciences company Novasep.Gap Inc., down 33 cents to $22.06.A weak government retail sales report for December weighed on the clothing and accessories sector.Wells Fargo & Co., down $2.71 to $32.04.The biggest U.S. mortgage lender fell short of Wall Street forecasts for a key revenue measure.Citigroup Inc., down $4.78 to $64.23.The bank’s steep drop in revenue was even worse than analysts expected.


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