Sprint and King Digital are big market movers
NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
Sprint Corp., down 34 cents to $4.51
The wireless carrier's fiscal second-quarter results fell short of expectations.
King Digital Entertainment PLC, up $2.31 to $17.85
The maker of Candy Crush and other mobile games is being bought by video game maker Activision Blizzard for $5.9 billion.
Archer Daniels Midland Co., down $3.13 to $43.15
The agribusiness giant's third-quarter profit plunged as it grapples with a glut in the commodities market and a strong U.S. dollar.
American International Group Inc., down $2.78 to $60.96
The insurance company reported a third-quarter loss that fell short of expectations and said it will restructure its business.
Tenet Healthcare Corp., up $1.51 to $34.26
The hospital operator reported better-than-expected third-quarter earnings and revenue and gave an upbeat outlook.
Kellogg Co., down $2.52 to $68.09
Third-quarter profit at the maker of Frosted Flakes, Pop Tarts and Eggo waffles slid and it continues to wrestle with weak sales.
Nasdaq
Discovery Communications Inc., up $1.02 to $31.08
The operator of cable TV channels such as Animal Planet reported better-than-expected third-quarter profit.
Norwegian Cruise Line Holdings Ltd., down $3.21 to $60.55
The cruise line operator reported a solid third-quarter profit, but its revenue fell short of Wall Street forecasts.