Business

Alcoa, United Airlines fall; Cars.com, Sleep Number rise

Posted October 15, 2020 4:36 p.m. EDT

Stocks that moved heavily or traded substantially Thursday:

Fastly Inc., down $33.48 to $89.70.

The cloud computing company trimmed its third-quarter revenue forecast.

United Airlines Holdings Inc., down $1.36 to $34.25.

The airline reported a big third-quarter loss as revenue plunged amid slumping demand.

Alcoa Corp., down 70 cents to $12.30.

The bauxite, alumina and aluminum products maker gave investors a disappointing forecast for some of its businesses.

Cars.com Inc., up $2.05 to $10.06.

The online automotive marketplace gave investors an encouraging revenue update for the third quarter.

Sleep Number Corp., up $6.58 to $64.75.

The seller of beds, mattresses and bedding products reported good third-quarter results.

Walgreens Boots Alliance Inc., up $1.73 to $37.64.

The largest U.S. drugstore chain's fiscal fourth-quarter profit beat analysts' forecasts.

Vertex Pharmaceuticals Inc., down $56.18 to $215.28.

The drug developer abandoned development of one of its potential genetic disorder treatments.

Charles Schwab Corp., up $1.91 to $39.03.

The financial services company's third-quarter profit and revenue beat Wall Street forecasts.

Our commenting policy has changed. If you would like to comment, please share on social media using the icons below and comment there.