Sweetgreen, Natera rise; Collegium Pharmaceutical, Akamai fall, 5/10/2024
NEW YORK (AP) — Stocks that are trading heavily or have substantial price changes on Friday:
Sweetgreen Inc. (SG), up $8.92 to $32.48.
The salad restaurant chain beat analysts’ first-quarter revenue forecasts.
Mettler-Toledo International Inc. (MTD), up $182.13 to $1,472.55.
The maker of lab testing equipment for the pharmaceutical and food and beverage industries beat Wall Street’s forecasts.
Natera Inc. (NTRA), up $9.84 to $105.39.
The genetic testing company raised its revenue forecast for the year.
Progyny Inc. (PGNY), down $7.31 to $25.19.
The provider of fertility and family benefits made a disappointing revenue forecast.
Collegium Pharmaceutical Inc. (COLL), down $6.20 to $31.66.
The specialty pharmaceutical company’s first-quarter earnings fell short of analysts’ forecasts.
Akamai Technologies Inc. (AKAM), down $9.03 to $93.43.
The cloud services provider’s revenue forecast for the quarter fell short of Wall Street expectations.
DigitalOcean Holdings Inc. (DOCN), up $2.16 to $34.74.
The cloud-computing infrastructure company raised its revenue forecast for the year.
Dropbox Inc. (DBX), up 35 cents to $23.49.
The online file-sharing company beat Wall Street’s first-quarter earnings forecasts.