Dow shares plummeted after the company cut its dividend. The S&P 500 closed at a record high, with Google parent Alphabet reporting strong earnings. West Pharmaceutical Services saw a 22.8% stock surge after beating profit estimates. United Rentals and Labcorp Holdings also exceeded expectations, while LKQ Corp. lowered forecasts.
LKQ Corp. slashed its 2025 revenue and cash flow forecasts, leading to a 17.8% stock drop. Molina Healthcare revised profit guidance due to rising medical costs, causing shares to fall 16.8%. Dow Inc. reported a wider-than-expected loss and halved its dividend, resulting in a 17.5% stock plunge.
Read more at Yahoo Finance: West Pharmaceutical Services Stock Surges; Dow, LKQ Shares Fall
