Tupperware and Apple 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:
NYSE
United States Steel Corp., up $2.31 to $23.58
The steel company reported a drop in fourth-quarter profit and revenue, but the results beat Wall Street expectations.
Freescale Semiconductor Ltd., up $4.81 to $31.16
The computer chip maker reported better-than-expected fourth-quarter earnings results and gave a positive revenue outlook.
Tupperware Brands Corp., up $6.93 to $66.67
The direct seller of plastic storage containers reported better-than-expected fourth-quarter profit and revenue.
Alibaba Group Holding Ltd., down $4.49 to $98.45
Chinese regulators accused the e-commerce giant of permitting sales of fake goods and hurting consumers.
Nasdaq
Apple Inc., up $6.17 to $115.31
The technology company reported better-than-expected fourth-quarter profit and revenue on record sales of its iPhones.
Electronic Arts Inc., up $6.20 to $54.61
The video game maker reported better-than-expected fiscal third-quarter profit and revenue on mobile and sports titles.
CommScope Holding Co., up $1.56 to $27.13
The telecommunications equipment maker will buy the majority of TE Connectivity's network equipment business for about $3 billion.
Gentex Corp., down $1.03 to $16.47
The maker of automatic-dimming rearview mirrors reported worse-than-expected fourth-quarter profit and revenue results.