Netflix and Macy's are big market movers
NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:
Sears Holdings Corp., down $2.53 to $40.70
Following the spinoff of Lands' End, the retailer says it is now considering the sale of its 51 percent stake in Sears Canada.
Sony Corp., down $1.14 to $16.50
The Japanese tech giant sank to a $1.3 billion quarterly loss and forecast more red ink as it struggles to execute a turnaround.
Macy's Inc., down 1 cent to $57.83
The retailer stuck by its annual profit forecast despite a rough winter that slowed foot traffic.
Deere & Co., down $1.91 to $91.70
Economists believe income will be down this year for farmers and that is cutting into sales of the company's tractors and other farm machinery.
Kate Spade & Co., up $2.95 to $37.60
The apparel retailer is putting up surging comparable-store sales numbers and it announced plans to open 80 locations this year.
Netflix Inc., up $4.74 to $351.88
A report shows that the video streamer accounted for 34 percent of data flowing to consumers during peak times in North America.
Plug Power Inc., down 27 cents to $3.82
Losses were cut in half during the first quarter, but the fuel-cell maker still fell short of most Wall Street projections.
Fossil Group Inc., down $11.45 to $100
A weak earnings forecast for the current quarter overshadowed a strong start to the year at the jewelry and accessories company.