Stock Market Movements: Winners and Losers

On Monday, the stock market saw a mix of winners and losers, with several companies making notable price movements.

McDonald's Corp. (MCD) saw its shares decline by $13.31, closing at $283.74. The fast-food titan did not meet the anticipated revenue figures for its fourth quarter, as per the expectations set by Wall Street analysts. This financial shortfall resulted in the stock price dipping significantly.

In contrast, Caterpillar Inc. (CAT) went up by $4 to end at $319.09, thanks to the construction equipment manufacturer's impressive earnings report for the fourth quarter.

The Estee Lauder Companies Inc. (EL) saw its stock jump $18.92, landing at $153.04. A restructuring plan involving job cuts was communicated, potentially indicating a more streamlined and efficient company structure moving forward.

ON Semiconductor Corp. (ON) shares were up $5.98, closing at $76.81. The company pleased investors with its fourth-quarter performance which surpassed analysts’ predictions in terms of both earnings and revenue.

Meanwhile, aerospace giant Boeing Co. (BA) experienced a drop of $4.16 in its stock price, ending the day at $205.23. The company reported new issues with the 737 fuselages, possibly leading to a stall in the delivery of around 50 aircraft — an update that did not sit well with the market.

Biopharmaceutical provider Catalent Inc. (CTLT) gained $5.30 to reach $59.81 on its shares after news that Novo Holdings is set to purchase the drug delivery technology company.

Everbridge Inc. (EVBG) also saw an uptick of $4.42, finishing at $28.21, buoyed by the acquisition announcement of software developer Thoma Bravo for a total sum of $1.5 billion.

A final notable movement was seen in Elanco Animal Health Inc. (ELAN), which increased by 93 cents to $15.66. Merck has agreed to acquire the company’s aquatics business.

Stocks, Earnings, Market