Goldman Sachs, Shockwave fall; Morgan Stanley, Roblox rise
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday:
Goldman Sachs Group Inc., down $24.08 to $349.92.
The investment bank reported weak fourth-quarter financial results as deals dried up.
National Instruments Corp., up $5.07 to $52.04.
Emerson is going public with a $7.6 billion bid for the maker of scientific measuring equipment.
Morgan Stanley, up $5.42 to $97.08.
The investment bank's fourth-quarter financial results beat Wall Street forecasts.
Signature Bank, up $2.81 to $121.18.
The bank’s fourth-quarter revenue beat analysts’ forecasts.
Roblox Corp., up $3.91 to $37.12.
The online game platform gave investors an encouraging December update on active users and other key metrics.
Shockwave Medical Inc., down $9.41 to $192.50.
The medical device company is buying Neovasc Inc.
Mohawk Industries Inc., down $7.47 to $111.18.
The flooring maker warned investors that inflation and weakening consumer demand are hurting earnings.
Travelers Companies Inc., down $8.92 to $185.
The insurance company's fourth-quarter financial results fell short of analysts' forecasts.