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Apple, Skechers fall; Amazon, Deckers Outdoor rise, Friday, 2/2/2024

Associated Press - Fri Feb 2, 3:16PM CST

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

Apple Inc., down $1.01 to $185.85.

The company issued a lukewarm forecast for its current quarter that indicated iPhone sales will slip from last year.

Amazon.com Inc., up $12.53 to $171.81.

The online retail giant reported strong fourth-quarter financial results.

Meta Platforms Inc., up $80.21 to $474.99.

Facebook's parent company gave investors an encouraging revenue forecast.

Deckers Outdoor Corp., up $109.21 to $882.06.

The maker of Ugg footwear beat analysts' fiscal third-quarter earnings and revenue forecasts.

Clorox Co., up $8.32 to $156.36.

The maker of bleach and other household products raised its profit forecast for its fiscal year.

Microchip Technology Inc., down $1.36 to $84.29.

The chipmaker's earnings forecast for its current quarter fell short of analysts' expectations.

Skechers USA Inc., down $6.56 to $57.04.

The shoe company gave investors a disappointing earnings forecast.

Columbia Sportswear Co., down 71 cents to $81.36.

The maker of outdoor gear gave investors a weak profit forecast for the year.

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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