Neftlix and Alphabet rise; Lilly and Concentrix fall

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday:

Alphabet Inc. – Up 4.97 to $98.02

Google’s owner is reducing 12,000 jobs, or about 6%, of its workforce. This is the latest tech company that has cut staff.

Netflix Inc., $26.72 to $342.50

The streaming video pioneer’s subscriber growth is increasing again, a sign that the streaming service’s ad-supported service keeps it competitive.

Eli Lilly Inc. is down $5.01 to 346.07.

Regulators said they need more data on the company’s application for a quick approval of potential Alzheimer’s disease treatment.

Playtika Holding Corp. is up 71c to $10.20

The Israeli mobile game editor is offering to buy Rovio Entertainment Corp., the maker of “Angry Birds.”

Wayfair Inc., $7.88 to $46.79.

According to the online furniture store, it is cutting 1,750 jobs or 10% of its workforce as part of a cost-cutting initiative.

PPG Industries Inc., $7.40 to $131

Analysts were pleasantly surprised by the results of this paint and coating manufacturer.

Regions Financial Corp., from $1 to $22.69.

The bank, which is based in Alabama, reported better results than Wall Street analysts had expected.

Concentrix Corp. drops 97c to $141.99

The results of the business services company were disappointing compared to Wall Street’s expectations.

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