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Qualcomm and DR Horton fall while TripAdvisor and Arris jump

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Stocks that moved substantially or traded heavily Thursday:

Qualcomm Inc., down $5.16 to $58.05

The chipmaker gave a disappointing forecast for its fiscal first quarter.

D.R. Horton Inc., down $3.37 to $34.22

The homebuilder had a weak quarter and said rising prices and mortgages rates are affecting demand.

Monster Beverage Corp., down $1.77 to $54.14

The company said Coca-Cola intends to start selling two energy drinks next year.

TripAdvisor Inc., up $8.86 to $66.93

The travel website company announced a bigger third-quarter profit than Wall Street had expected.

Perrigo Co., down $12.26 to $62.88

The drugmaker cut its annual forecasts after its sales fell short of analyst projections.

Arris International PLC, up $2.89 to $30.68

The wireless modem maker agreed to be bought by telecom equipment maker CommScope for $5.7 billion.

Wynn Resorts Ltd., down $14.97 to $99.02

The casino operator said its business in Macau has slowed down recently.

Chevron Corp., down $1.51 to $119.36

Energy company stocks extended their losses as the price of oil entered a bear market.

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California Daily Press 2018