U.S. stocks on the move: Elf Beauty, Albemarle, Revolution
ELF•Elf Beauty shares rose after it raised its full-year sales and profit growth forecasts, Albemarle advanced as lithium prices powered a third-quarter sales beat, and Revolution Medicines rose on what the company called an “epic” launch for its pancreatic cancer drug.
1. Stock moves
Elf Beauty lifted its full-year sales and profit growth forecasts, sending shares higher. Albemarle advanced as lithium prices powered a third-quarter sales beat. Revolution Medicines rose on an “epic” launch for its pancreatic cancer drug.
2. Other movers
Redwire, Fair Isaac and Snap fell after quarterly results or metrics disappointed. Expedia declined on a downbeat revenue forecast, while Cigna rose after raising its annual profit forecast. Gold miners climbed as bullion prices touched two-week highs.
