Here are some of the more active stocks in Thursday afternoon trading, a day after sharp losses on Wall Street that followed the Federal Reserve’s latest interest-rate hike. Stock gainers: Regeneron Pharmaceuticals Inc.’s
stock was climbing 7% in afternoon trading after the biotech company and partner Sanofi SA
reported a positive late-stage study of their anti-inflammatory drug Dupixent for chronic obstructive pulmonary disease (COPD). The stock was on track to close at a new all-time high, according to Dow Jones Market Data.
shares were leading a rally in streaming names Thursday and were also leading S&P 500
gainers. Netflix’s stock was up 9%, while shares of Walt Disney Co.
and Paramount Global
were each up just under 2%. Accenture PLC
shares were rising nearly 8% after the management consultant reported forecast-beating profit and revenue, along with record bookings. Accenture plans to lay off 19,000 employees. Marvell Technology Inc.’s
stock was leading a sharp rally in chip names. Marvell’s stock was up nearly 7%, while Micron Technology Inc.’s
was up almost 6%. Shares of chip-equipment companies Applied Materials Inc.
and Lam Research Corp.
were each up at lea …