Intel, American Express fall; Mattel, Boston Beer rise

Posted 10/23/20

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

Gilead Sciences Inc., up 12 cents to $60.79.

Regulators approved the company's antiviral medication remdesivir, the …

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Intel, American Express fall; Mattel, Boston Beer rise

Posted

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

Gilead Sciences Inc., up 12 cents to $60.79.

Regulators approved the company's antiviral medication remdesivir, the first drug to treat COVID-19.

Mattel Inc., up $1.23 to $14.16.

The maker of Barbie and other toys reported earnings for the summer quarter that blew past analysts' forecasts.

Boston Beer Co., up $173.02 to $1,091.10.

The maker of Sam Adams beer reported quarterly earnings that easily beat analysts' estimates.

Capital One Financial Corp., up $1.24 to $77.99.

The bank and credit card issuer reported earnings and revenue that came in ahead of Wall Street's estimates.

Intel Corp., down $5.70 to $48.20.

The chip maker reported weakness in its data center group in the latest quarter.

American Express, down $3.81 to $100.98.

The credit card issuer reported earnings that fell short of what Wall Street was looking for.

Wells Fargo & Co., up 3 cents to $23.28.

The San Francisco-based bank is reportedly considering a sale of its asset management business.

Uber Technologies Inc., up 5 cents to $36.75.

An appeals court in California upheld an order requiring Uber and Lyft to treat their drivers in that state as employees.

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