Smartsheet, Ambaralla fall; Carnival, Five Below rise
NEW YORK (AP) - Stocks that moved heavily or traded substantially Thursday:
Novavax, Inc., down 1 cent to $102.90.
The biotechnology company published more encouraging data from an early study of its potential COVID-19 vaccine.
PVH Corp., up $1.94 to $61.45.
The owner of the Calvin Klein and Tommy Hilfiger brands reported surprisingly good second-quarter earnings.
Five Below, Inc., up $10.05 to $127.13.
The discount retailer handily beat analysts' second-quarter profit forecasts and said the third quarter is off to a strong start.
Ciena Corp., down $14.61 to $45.46.
The network and communications company said a slowdown in orders will continue to hurt revenue for a few quarters.
Smartsheet, Inc., down $9.38 to $50.26.
The cloud-based work-management platform gave investors a disappointing third-quarter earnings forecast.
Ambarella, Inc., down $5.81 to $50.09.
The video-compression chipmaker gave investors a weak third-quarter revenue forecast.
Carnival Corp., up 87 cents to $17.58.
The cruise line's Costa Cruises will resume sailing on Sept. 6 and its Aida Cruises on Nov. 1.
Nvidia Corp., down $53.24 to $520.62.
China will ramp up support for its semiconductor industry according to Bloomberg, which could hurt U.S. chipmakers.