Omnicom, Netflix rise; Baker Hughes, Toll Brothers fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Netflix Inc., up $14.81 to $216.44. The streaming video pioneer reported fewer lost subscribers than analysts expected. Baker Hughes Co., down $2.33 to $25.89. The oilfield services company blamed weak quarterly results on component shortages, inflation and the suspension of its Russia operations. Workhorse Group Inc., up 50 cents to $3.63. The U.S. Postal Service plans to increase its purchases of electric vehicles such as those made by the Cincinnati-based manufacturer. Toll Brothers Inc., down 82 cents to $47.83. The National Association of Realtors reported that sales of previously occupied U.S. homes slowed for the fifth consecutive month in June. Nasdaq Inc., up $9.72 to $169.04. The parent of the Nasdaq Stock Market delivered stronger profit and revenue than Wall Street expected. Comerica Inc., up $1.21 to $79.13. The Dallas-based financial services company reported stronger-than-expected results.
Omnicom, Netflix rise; Baker Hughes, Toll Brothers fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Netflix Inc., up $14.81 to $216.44. The streaming video pioneer reported fewer lost subscribers than analysts expected. Baker Hughes Co., down $2.33 to $25.89. The oilfield services company blamed weak quarterly results on component shortages, inflation and the suspension of its Russia operations. Workhorse Group Inc., up 50 cents to $3.63. The U.S. Postal Service plans to increase its purchases of electric vehicles such as those made by the Cincinnati-based manufacturer. Toll Brothers Inc., down 82 cents to $47.83. The National Association of Realtors reported that sales of previously occupied U.S. homes slowed for the fifth consecutive month in June. Nasdaq Inc., up $9.72 to $169.04. The parent of the Nasdaq Stock Market delivered stronger profit and revenue than Wall Street expected. Comerica Inc., up $1.21 to $79.13. The Dallas-based financial services company reported stronger-than-expected results.