PNC, Rapid Micro fall, Broadcom, Splunk rise
NEW YORK (AP) - Stocks that traded heavily or had substantial price changes Friday:
Broadcom Inc., up $17.39 to $595.99.
The semiconductor maker reported better results in the latest quarter than analysts expected, and it issued a strong forecast.
Splunk Inc., up $7.23 to $129.06.
Private equity firm Hellman & Friedman has taken a 7.5% stake in the software maker.
Occidental Petroleum Corp., up $8.40 to $56.15.
Energy prices rose as the conflict in Ukraine intensified, sending oil and gas producers higher.
Smith & Wesson Brands Inc., down $2.24 to $15.65.
The firearms maker missed sales and profit targets for the second straight quarter.
PNC Financial Services Group Inc., down $6.72 to $184.87.
A sharp drop in long-term interest rates in the bond market pulled bank stocks lower.
Rapid Micro Biosystems Inc., down 34 cents to $5.76.
The life sciences technology company reported a wider loss and weaker revenues than analysts were expecting.
Freeport-McMoRan Inc., up $1.02 to $50.11.
Rising prices for gold and copper helped push the mining company's stock price higher.
Duke Energy Corp., up $2.62 to $105.26.
Power utilities and other safe-play sectors were in favor as the conflict in Ukraine escalated.