Wednesday, July 23, 2014





Nike and Finish Line are big market movers


September 27. 2013 5:38PM
Associated Press

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


NYSE


Nike Inc., up $3.30 to $73.64


The athletic gear company's stock hit an all-time high after its first-quarter results blew past Wall Street estimates.


Lumber Liquidators Holdings Inc., down $5.83 to $107.13


Federal authorities raided the headquarters of the flooring retailer, which cited official questions about the "importation of certain products."


J.C. Penney Co. Inc., down $1.37 to $9.05


The retailer expects to raise almost $811 million through a new share offering and said it would have $1.3 billion in liquidity by year's end.


AZZ Inc., down 88 cents to $42.23


The electrical products and services specialist's quarterly results fell short of expectations and its outlook left investors wanting.


Nasdaq


Nektar Therapeutics, down $3.31 to $10.54


A pain drug from the pharmaceutical company failed in a clinical trail.


Finish Line Inc., up $2.02 to $24.41


Lower costs and a deal with Macy's helped launch the retailer's quarterly results well beyond Wall Street's expectations.


Zoltek Cos. Inc., down $1.81 to $16.70


The Japanese carbon fiber maker Toray Industries will spend $584 million to acquire Zoltek as demand for high-tech materials increases.


International Game Technology, down $1.44 to $19.23


Deutsche Bank downgraded the casino supplier to "Hold" after a large surge in its stock price at a time when new industry challenges are emerging.


Associated Press


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