EBay and Verizon skid; American Express and Mattel jump

AP News
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Posted: Oct 20, 2016 4:52 PM

NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday:

eBay Inc., down $3.50 to $29.02

The online marketplace gave a fourth-quarter forecast that disappointed investors.

American Express Co., up $5.53 to $66.78

The credit card issuer raised its annual outlook after its third-quarter results were stronger than analysts expected.

Mattel Inc., up $1.84 to $32.46

The toy company reported better sales of Barbie products and games, among other items.

Verizon Communication Inc., down $1.24 to $49.14

The telecom giant posted weak revenue and growth in wireless, while cable and internet subscriptions slowed down.

Dunkin' Brands Group Inc., down $1.62 to $49.38

The restaurant chain cut its forecast for revenue growth after announcing weak sales in the third quarter.

Select Comfort Corp., down $2.59 to $18.99

The mattress retailer slashed its guidance after its sales came in far lower than Wall Street expected.

Snap-on Inc., up $9.95 to $159.06

The tool and diagnostic equipment maker posted a larger profit than analysts had forecast.

Walgreen Boots Alliance Inc., up $3.84 to $81.02

The drugstore operator reported strong third-quarter results and remained committed to buying rival Rite Aid.