Hasbro, Whirlpool Stocks Plummet as ServiceNow, IBM Witness Rise

Hasbro and Whirlpool stocks take a hit due to disappointing third-quarter results and lowered earnings forecasts, while ServiceNow and IBM prove strong with impressive third-quarter profits and revenue.

• Hasbro stocks dropped due to unimpressive third-quarter financial results, with a decrease from $6.38 to $48.37.
• Whirlpool Corp also experienced a drop in their stocks from $19.88 to $105.73 following a trimmed earnings forecast for the year.
• On a brighter note, ServiceNow Inc.'s strong third-quarter profit and revenue led to their stocks rising by $20.78 to $550.95.
• International Business Machines Corp. (IBM) saw a surge in their stocks from $6.68 to $143.76 following robust third-quarter earnings and revenue.
• O’Reilly Automotive Inc. witnessed a rise in their stocks from $46.72 to $921.64 due to an updated profit and revenue forecasts for the year.

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Associated Press Quartz Quartz