Ford, Qualcomm rise; Citrix Systems, PayPal fall
Stocks that traded heavily or had substantial price changes Thursday:
Yum Brands Inc., up $7.70 to $130.31.
The owner of the KFC and Taco Bell chains reported encouraging second-quarter financial results.
LendingClub Corp., up $7.77 to $24.02.
The company, which connects borrowers and lenders online, reported a surprise second-quarter profit.
Meritage Homes Corp., up $11.21 to $106.90.
The homebuilder handily beat Wall Street's second-quarter profit and revenue forecasts.
Ford Motor Co., up 53 cents to $14.39.
The automaker reported a surprise second-quarter profit on strong sales of pickup trucks and SUVs.
Citrix Systems Inc., down $15.55 to $99.
The cloud computing company cut its profit and revenue forecasts for the year.
PayPal Holdings Inc., down $18.81 to $283.17.
The digital payments company reported weak second-quarter revenue and gave investors a disappointing financial forecast.
Altice USA Inc., down $2.85 to $31.26.
The cable television provider’s second-quarter profit fell short of analysts’ forecasts.
Qualcomm Inc., up $8.55 to $150.99.
The chipmaker's fiscal third-quarter profit and revenue beat Wall Street forecasts.