Lyft, FuboTV Rise; Model N, Coherent Fall
NEW YORK: Stocks that moved heavily or traded substantially Wednesday:
Lyft Inc., up 36 cents to $36.41.
The ride-hailing app’s latest results showed signs of a recovery.
FuboTV Inc., up 38 cents to $16.03.
The digital entertainment company reported quarterly sales that were much better than analysts were expecting. It also issued an upbeat forecast.
Coherent Inc., down $10.85 to $126.22.
The maker of lasers for commercial and scientific applications reported a much bigger loss than Wall Street was expecting.
Model N Inc., down $3.31 to $32.16.
The provider of revenue management services to life science and technology companies issued a weak full-year forecast.
Fair Isaac Corp., up $38.89 to $471.78.
The financial services company reported results for its latest quarter that easily beat analysts’ forecasts.
Brooks Automation Inc., up $7.17 to $66.60.
The supplier to semiconductor manufacturers issued an upbeat forecast for its current quarter.
Air Products and Chemicals Inc., down $29.13 to $280.84.
The seller of gases for industrial, medical and other uses reported earnings that fell shy of what Wall Street was expecting.
Amdocs Ltd., up $2.83 to $63.53.
The provider of computer systems integration posted earnings and revenue that beat analysts’ expectations.
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