On Wednesday, several stocks experienced significant price changes or heavy trading volume. Among them, Amazon saw a rise of $2.95 to $177.95 after beating Wall Street’s first-quarter earnings and revenue forecasts. In contrast, Advanced Micro Devices saw a decrease of $15.37 to $143.01 due to a disappointing revenue forecast.
Pinterest also experienced an increase of $7.34 to $40.79 as the digital pinboard and shopping tool surpassed analysts’ first-quarter financial expectations. However, Super Micro Computer saw a decrease of $137.28 to $721.52 after providing a weak revenue forecast for its current quarter.
Starbucks and CVS Health both saw a decline in their stock prices. Starbucks fell by $15.02 to $73.47 after its fiscal second-quarter earnings and revenue fell short of expectations. CVS Health dropped by $11.69 to $56.02 after cutting its profit forecast for the year.
Skyworks Solutions also experienced a decrease of $16.09 to $90.50 after providing a disappointing financial forecast for its current quarter