Sweetgreen, Natera rise; Collegium Pharmaceutical, Akamai fall, 5/10/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Friday:
Sweetgreen Inc., up $8 to $31.56.
The salad restaurant chain beat analysts’ first-quarter revenue forecasts.
Mettler-Toledo International Inc., up $219.83 to $1,510.25.
The maker of lab testing equipment for the pharmaceutical and food and beverage industries beat Wall Street’s forecasts.
Natera Inc., up $9.74 to $105.29.
The genetic testing company raised its revenue forecast for the year.
Progyny Inc., down $4.97 to $27.53.
The provider of fertility and family benefits made a disappointing revenue forecast.
Collegium Pharmaceutical Inc., down $6.36 to $31.50.
The specialty pharmaceutical company’s first-quarter earnings fell short of analysts’ forecasts.
Akamai Technologies Inc., down $11.27 to $91.19.
The cloud services provider’s revenue forecast for the quarter fell short of Wall Street expectations.
DigitalOcean Holdings Inc., up $3.33 to $35.91.
The cloud-computing infrastructure company raised its revenue forecast for the year.
Dropbox Inc., down 1 cent to $23.13.
The online file-sharing company beat Wall Street’s first-quarter earnings forecasts.
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