CVS Health, increase in Match group; Airbnb, Estée Lauder falls
Stocks that traded heavily or underwent significant price changes on Wednesday:
CVS Health Corp., up $2.18 at $96.80.
The pharmacy chain and pharmacy benefits manager raised its profit forecast for the year.
Airbnb Inc., down $14.64 to $94.41.
The short-term vacation rental market warned investors that booking growth will slow in the fourth quarter.
Estee Lauder Companies Inc., down $16.80 to $189.96.
The cosmetics company cut its profit forecast for the year as China’s COVID-19 lockdowns and inflation hurt demand.
Caesars Entertainment Inc., down 31 cents to $44.08.
The casino operator beat Wall Street’s profit and revenue forecasts in the third quarter.
Zoominfo Technologies Inc., down $12.69 to $30.81.
The software maker’s third-quarter billings were lower than analysts’ forecasts.
Match Group Inc., up $1.84 at $45.74.
The owner of Tinder, OKCupid and other online dating apps beat analysts’ third-quarter revenue forecasts.
Cirrus Logic Inc., up $3.05 at $70.90.
The chipmaker’s second-quarter financial results beat Wall Street forecasts.
Extra Space Storage Inc., down $19.43 to $158.46.
The self-storage facility owner and operator cut its profit forecast for the year.
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