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AutoZone, Macy's rise; Unity Software, CarGurus fall, Tuesday, 2/27/2024

Associated Press - Tue Feb 27, 3:14PM CST

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Tuesday:

AutoZone Inc., up $184.53 to $2,954.99.

The auto parts retailer beat analysts' fiscal second-quarter earnings and revenue forecasts.

Macy's Inc., up 65 cents to $19.95.

The department store chain reported strong fourth-quarter financial results and announced plans to close 150 locations.

Zoom Video Communications Inc., up $5.05 to $68.17.

The video-conferencing company's fourth-quarter earnings and revenue beat Wall Street forecasts.

Unity Software Inc., down $2.02 to $31.02.

The video gaming software company gave investors a weak revenue forecast.

CarGurus Inc., down 37 cents to $23.52.

The online auto shopping platform gave investors a disappointing financial forecast.

Expedia Group Inc., up $1.29 to $136.24.

The online travel company announced a restructuring plan that includes job cuts.

Norwegian Cruise Line Holdings Ltd., up $3.16 to $19.09.

The cruise line gave investors an encouraging earnings forecast.

Viking Therapeutics Inc., up $46.57 to $85.05.

The biopharmaceutical company gave investors an encouraging update for a potential weight-loss drug.

Provided Content: Content provided by Associated Press. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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