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Barnes & Noble, Tesla, Activision are big movers


May 09. 2013 5:39PM
Associated Press

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(AP) Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:


NYSE


Barnes & Noble Inc., up $4.31 at $22.08


Technology blog TechCrunch reported that Microsoft Corp. is considering buying the bookstore chain's Nook e-book business outright.


Cooper Tire & Rubber Co., down $1.99 at $24.35


The tire company said that its first-quarter net income more than doubled, but revenue missed Wall Street expectations.


Nasdaq


News Corp., up $1.46 at $33.44


The media company beat Wall Street's forecast for the January-March quarter, helped by growing revenue from pay TV networks.


Activision Blizzard Inc., down 87 cents at $14.39


The video game maker warned that the holiday season could be more difficult than it expected because of uncertainty about the global economy.


Tesla Motors Inc., up $13.61 at $69.40


The Palo Alto, Calif.-based electric car maker posted its first quarterly net profit since it was founded a decade ago.


Green Mountain Coffee Roasters Inc., up $16.56 at $76.04


The coffee company said its second-quarter net income rose 42 percent, and it raised its full-year earnings forecast.


Monster Beverage Corp., down $2.96 at $54.01


The energy drink maker's first-quarter net income fell 17 percent despite stronger sales, weighed down by unfavorable currency rates.


LivePerson Inc., down $4.63 at $8.12


The customer service provider reported a loss for its first quarter and issued a weak forecast for the current quarter.


Associated Press


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