Meta Platforms, Shake Shack rise; Moderna, Goodyear fall, Thursday, 8/1/2024

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Thursday:

Meta Platforms Inc., up $22.91 to $497.74.

The owner of Facebook and Instagram beat Wall Street’s second-quarter earnings and revenue forecasts.

Exact Sciences Corp., up $12.23 to $57.91.

The molecular diagnostics company beat analysts’ second-quarter financial forecasts.

Shake Shack Inc., up $14.79 to $102.41.

The burger chain beat Wall Street’s second-quarter revenue forecasts.

Carvana Co., up $13.29 to $146.52.

The online used car dealer’s second-quarter financial results beat analysts’ forecasts.

Air Products and Chemicals Inc., up $23.62 to $287.47.

The seller of gases for industrial and medical uses beat Wall Street’s fiscal third-quarter earnings forecasts.

Moderna Inc., down $25.05 to $94.17.

The drug developer slashed its revenue forecast for the year.

Goodyear Tire & Rubber Co., down $1.86 to $9.84.

The tire maker’s second-quarter revenue fell short of analysts’ forecasts.

Wayfair Inc., down $4.42 to $50.01.

The online home goods retailer’s second-quarter financial results missed Wall Street expectations.