Netflix and Whirlpool jump while Twitter and J&J fall

AP News
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Posted: Jan 23, 2018 4:32 PM

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

Netflix Inc., up $22.71 to $250.29

The streaming video service gained more subscribers than industry watchers had expected in its latest quarter.

Johnson & Johnson, down $6.31 to $141.83

The health care and consumer products maker took a big one-time tax charge and said its expenses climbed.

Procter & Gamble Co., down $2.84 to $89.05

The consumer products giant reported solid quarterly earnings and sales, but analysts said its profit margins were weak.

Whirlpool Corp., up $5.33 to $171.98

The appliance maker rose after President Donald Trump announced a tariff on imported washing machines and solar power components.

Yingli Green Energy Holding Co., down 8 cents to $1.81

The U.S. tariffs will make solar products made in other countries more expensive, hurting companies based overseas.

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Twitter Inc., down 57 cents to $22.75

Anthony Noto, the social media company's chief operating officer, resigned.

Kimberly-Clark Corp., up 93 cents to $117.84

The maker of Huggies diapers and Kleenex tissues said it will cut 5,000 to 5,500 jobs to reduce costs.

Adobe Systems Inc., up $2.25 to $200.09

The software maker gave a strong annual profit forecast, partly because of the recently-passed corporate tax cut.