Significant Stock Price Changes on Wall Street

Several companies adjust forecasts, leading to substantial shifts in stock prices.

JetBlue Airways raised its revenue forecast for the year, leading to a rise in its stock price.
Semtech Corp., a chipmaker, reported third-quarter earnings and revenue that beat Wall Street forecasts, resulting in a stock price increase.
Chewy Inc., an online pet store, trimmed its revenue forecast for the year, causing a decrease in its stock price.
Duckhorn Portfolio Inc., a wine company, reported fiscal first-quarter profit and revenue that fell short of analysts' forecasts, leading to a drop in its stock price.
Methode Electronics Inc., a maker of electrical components for the auto and computer industries, slashed its earnings forecast for the year, resulting in a decrease in its stock price.