Kate Spade and Whole Foods are big market movers
NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:
Kate Spade & Co., up $1.76 to $21.50
The clothing, handbag, and accessories company reported better-than-expected third-quarter profit on higher demand.
Pandora Media Inc., up 67 cents to $12.45
The Internet radio service reached a direct licensing deal for songwriting rights with Sony/ATV music publishing, the world's largest music publisher.
GoDaddy Inc., up $4.98 to $32.41
The Web hosting company reported better-than-expected third-quarter earnings and revenue.
Select Comfort Corp., up $4.06 to $25.50
The seller of beds, mattresses and bedding products reported better-than-expected third-quarter results.
Whole Foods Market Inc., down 65 cents to $30.11
The grocery chain reported a drop in fiscal fourth-quarter profit that fell short of forecasts, along with disappointing revenue.
Qualcomm Inc., down $9.19 to $51.07
The chipmaker reported better-than-expected fiscal fourth-quarter results, but it gave a soft profit outlook.
Facebook Inc., up $4.82 to $108.76
The social media company reported better-than-expected third-quarter profit and revenue, partly driven by mobile advertising.
HomeAway Inc., up $8.11 to $40.15
Travel booking site Expedia is buying the short-term rental marketplace for $3.9 billion to expand into the vacation rental market.