© Reuters.
Investing.com — U.S. stocks were rising ahead of the conclusion of the latest two-day policy meeting of the Federal Reserve.
Here are some of the biggest U.S. stock movers today:
- Advanced Micro Devices (NASDAQ:) stock fell 1.6% after the chipmaker reported a weaker-than-expected current quarter that overshadowed third-quarter results that beat Wall Street estimates.
- Generac Holdings Inc (NYSE:) shares rose 15% after the generator maker beat expectations for the recent quarter, citing improved operating results.
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CVS Health (NYSE:) stock fell 1.7% after the drugstore chain reported higher-than-expected medical costs at its insurance unit, even as it beat estimates for quarterly profit.
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Estee Lauder (NYSE:) stock fell 16.1% after the cosmetics company lowered its full-year outlook on Asian headwinds.
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Paycom Soft (NYSE:) shares fell nearly 37% after the human resources software maker said fourth quarter revenue is expected to be around $420 million to $425 million, which is below expectations.
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Kraft Heinz (NASDAQ:) stock rose 2.8% after the food giant beat expectations for third-quarter profit and raised its annual forecast as its margins benefited from higher prices of its packaged meals and condiments.
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Match Group (NASDAQ:) stock fell 15.7% after the Tinder-owner forecast fourth-quarter revenue below estimates, as stubborn inflation and unrest in some markets weigh on growth at some of its major dating platforms.
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Wayfair (NYSE:) stock rose 4.5% after the online furniture retailer reported a narrowing of losses during its fiscal third quarter but sales came in a bit lower than expectations.
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Norwegian Cruise Line (NYSE:) stock fell 2.1% after the cruise operator trimmed its annual profit forecast, as elevated fuel costs offset gains from higher ticket prices and resilient demand for cruise bookings.
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