J.C. Penney and Gap 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:
J.C. Penney Co., down 62 cents to $8.50
The department store operator reported a surprise fourth-quarter loss amid increasing expenses and a disappointing sales outlook.
Weight Watchers International Inc., down $6.23 to $11.33
The weight-loss program operator issued an outlook for this year's profits that fell far below Wall Street's expectations.
Infoblox Inc., up $2.02 to $23.25
The network automation company reported a quarterly loss, but its results adjusted for one-time gains and costs beat Wall Street expectations.
Tetra Technologies Inc., up 99 cents to $5.97
The oil and gas services company posted a fourth-quarter loss, but after eliminating non-recurring costs, its results topped Wall Street expectations.
Gap Inc., up $1.23 to $41.60
The retailer reported stronger-than-expected fourth-quarter results as sales continued to improve for Old Navy, its largest brand.
Monster Beverage Corp., up $16.38 to $141.12
The energy drink maker reported a boost in fourth-quarter sales and profit, topping Wall Street expectations.
Clean Energy Fuels Corp., up 97 cents to $6.01
The provider of natural gas as an alternative fuel for vehicle fleets reported better-than-expected fourth-quarter results.
Horizon Pharma PLC, up $1.46 to $20.53
The drugmaker reported fourth-quarter results that topped expectations and issued a positive outlook.