LinkedIn and Yum Brands 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:
NYSE
LinkedIn Corp., down $46.92 to $205.21
The professional networking service gave a disappointing outlook for its second quarter.
Yum Brands Inc., up $5.94 to $91.90
Daniel Loeb's Third Point hedge fund says it has taken a stake in the parent of KFC, Taco Bell and Pizza Hut and thinks it could soon recover from years of trouble in China.
Cooper Tire & Rubber Co., down $5.58 to $36.91
The tire maker reported worse-than-expected first-quarter profit and revenue, partly on weak international growth.
CVS Health Corp., up $1.17 to $100.46
The drugstore chain and pharmacy benefits manager reported better-than-expected first-quarter profit and revenue.
Nasdaq
Charter Communications Inc., up 38 cents to $187.44
The cable company reported a wider-than-expected first-quarter loss on costs related to the failed Comcast-Time Warner Cable deal.
Expedia Inc., up $7.46 to $101.69
The online travel company reported worse-than-expected first-quarter profit, but its revenue beat expectations on strong bookings.
Century Aluminum Co., up $1.71 to $14.60
The aluminum producer reported better-than-expected first-quarter results, despite the impact of a strong dollar.
The Madison Square Garden Co., up $2.70 to $83
The media company and sports team owner reported better-than-expected third-quarter results and said its finance chief is resigning.