Krispy Kreme and AngloGold 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:
Krispy Kreme Doughnuts Inc., down 54 cents to $17.07
The doughnut shop operator's second-quarter sales rose 6.9 percent but its adjusted profit fell short of expectations.
AngloGold Ashanti Ltd., down $2.42 to $13.07
The gold mining company plans to spin off its international mining operations and raise $2.1 billion in capital to pay debt.
Palo Alto Networks Inc., up $9.47 to $98.75
The network security company topped quarterly revenue expectations and forecast better-than-expected revenue for the next quarter.
U.S. Silica Holdings Inc., up $4.90 to $69.41
The commercial silica company increased its adjusted profit guidance for the full year and reaffirmed its expense guidance.
On Track Innovations Ltd., up 23 cents to $3.55
The electronic payment technology company said it will bring new add-on devices to earlier-generation iPhone and iPad products.
Land's End Inc., up $6.86 to $40.20
The clothing and apparel retailer reported a 4.9 percent boost in second-quarter profit on higher direct and retail sales.
NPS Pharmaceuticals Inc., up $6.47 to $32.24
A preliminary FDA review said the drug developer's potential hormone replacement therapy for hypoparathyroidism is effective.
GT Advanced Technologies Inc., down $2.16 to $12.78
Apple Inc. has reportedly signed up another source for sapphire glass screens for its new generation of iPhones.