Kenvue, Crocs rise; Disney, Teradata fall, Tuesday, 5/7/2024

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Stocks that traded heavily or had substantial price changes on Tuesday: The Walt Disney Co., down $11.08 to $105.39. The entertainment giant’s revenue fell shy of forecasts and said it expects its streaming video business to weaken. Kenvue Inc., up $1.20 to $20.08. The maker of Band-Aids and Tylenol reported better-than-expected profits and revenue for the latest quarter. Crocs Inc., up $9.86 to $136.49. The shoe maker’s results breezed past analysts’ estimates and it raised its forecasts for the full year. Lucid Group Inc., down 43 cents to $2.62. The maker of the Lucid Gravity electric SUV lost more money last quarter than analysts expected. Builders FirstSource Inc., down $38.26 to $162.62. The Texas-based supplier wood, insulation and other building materials warned of a weakening multi-family market and higher mortgage rates. Teradata Corp., down $5.24 to $32.72. The cloud data analytics company lowered its forecast for full-year earnings. Celsius Holdings Inc., down $1.38 to $76.95. The energy drink brand’s revenue for its latest quarter fell below Wall Street’s estimates. Bloomin’ Brands Inc., down $1 to $23.96. The operator of Outback Steakhouse and other restaurant chains’ earnings were short of forecasts.