Splunk, Tesla are big market movers
NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:
Big Lots Inc., down 85 cents to $46.35
Shares of the discount retailer fell, even as it reported a second-quarter profit that beat Wall Street expectations.
Amira Nature Foods Ltd., up 99 cents to $17.22
The provider of packaged Indian specialty rice reported first-quarter profit and revenue that topped Wall Street expectations.
Tesla Motors Inc., up $5.84 to $269.70
The electric car maker and a state-owned Chinese phone carrier announced plans to build 400 car charging stations in China.
Apple Inc., up 25 cents to $102.50
The iPhone maker's stock hit a new 52-week high, a day after saying it will hold a September event to possibly debut new products.
Splunk Inc., up $8.64 to $53.93
The data management software developer reported second-quarter results that beat expectations, and it raised its full-year outlook.
Pacific Sunwear of California Inc., down 22 cents to $2.08
Shares of the teen clothing retailer fell, even as it reported second-quarter results that beat Wall Street expectations.
Avago Technologies Ltd., up $5.73 to $82.09
The Singapore-based chipmaker reported third-quarter earnings that beat Wall Street expectations.
Fred's Inc., down 80 cents to $14.23
The discount retailer said it will close 60 stores and make other changes after reporting a $16.4 million loss for its second quarter.