Hibbett, Coca-Cola rise; eBay, Acadia fall
NEW YORK (AP) - Stocks that moved heavily or traded substantially on Tuesday:
International Business Machines Corp., down 31 cents to $126.06.
The technology company reported a surge in revenue from cloud computing and beat Wall Street's second-quarter profit forecasts.
Hibbett Sports Inc., up $2.90 to $25.38.
The Birmingham, Alabama-based sporting goods chain gave investors an encouraging second-quarter financial update.
eBay Inc., down $1.88 to $56.59.
The e-commerce company is selling its classified advertising business to Adevinta in a $9.2 billion cash-and-stock deal.
Synaptics Inc., up $5.99 to $78.04.
The maker of computer and smartphone touchpads is buying DisplayLinks for $305 million.
Coca-Cola Co., up $1.08 to $47.20.
The beverage and snack maker beat Wall Street's second-quarter profit forecasts and said sales grew in June.
Philip Morris International Inc., up $3.03 to $75.92.
The tobacco company reported surprisingly strong quarterly earnings and forecast full-year profit growth.
Acadia Pharmaceuticals Inc., down $10.73 to $44.69.
The drug developer's experimental depression treatment performed poorly in a study.
Opko Health Inc., up $1.02 to $5.96.
A unit of the drug and diagnostics company won a CDC contract to conduct COVID-19 antibody testing.