Business

Rise of Apple and Amgen; Expedia, Fortinet Fall, Friday, May 3rd, 2024

Stocks that traded heavily or had significant price changes on Friday: Apple, Amgen rise; Expedia, Fortinet fall

NEW YORK — Stocks that traded heavily or had significant price changes on Friday:

Apple Inc. rose $10.35 to $183.38.

The iPhone maker increased its dividend and increased its share buyback program by $110 billion.

Amgen Inc. rose $32.90 to $311.29.

The biotech company gave investors an encouraging update on a potential anti-obesity drug.

Booking Holdings Inc. rose $104.47 to $3,577.38.

The online booking service beat analysts’ first-quarter profit and revenue forecasts.

Expedia Group Inc. fell $20.76 to $115.33.

The online travel company lowered its financial forecast for the year.

Block Inc. fell 83 cents to $69.47.

The mobile payment service provider plans to use more of its Bitcoin profits to invest in Bitcoin purchases.

Fortinet Inc. fell $6.32 to $58.88.

The network security company’s first-quarter billings fell short of analysts’ expectations.

Live Nation Entertainment Inc. rose $6.39 to $94.66.

The ticket seller and concert promoter exceeded analysts’ first-quarter revenue forecasts.

Motorola Solutions Inc. rose $17.46 to $353.70.

The communications equipment maker raised its profit forecast for the year.

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