Netflix and Taser slide, Hasbro and Amazon trade higher
NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq stock market:
McGraw Hill Financial Inc., up $1.19 to $100.96
The financial data company agreed to sell its J.D. Power consumer ratings business to investment firm XIO Group for $1.1 billion.
Morgan Stanley, down 3 cents to $25.73
The investment bank's first-quarter profit was larger than investors expected.
Hasbro Inc., up $4.77 to $87.18
Hasbro's profit and sales surpassed Wall Street estimates on strong sales of "Star Wars," ''Frozen" and Disney princess toys.
Amazon.com Inc., up $9.46 to $635.35
Amazon announced a stand-alone video streaming service, taking on Netflix and Hulu directly.
Netflix Inc., down $3.11 to $108.40
Netflix, which reported its first-quarter results Monday after the stock market's close, fell after the announcement of Amazon's new streaming plan.
Taser International Inc., down 65 cents to $18.49
The city of Los Angeles delayed a plan to buy Taser body cameras for almost all of its police officers.
Chiasma Inc., down $6.42 to $3.75
The drug developer said it will need to run a new clinical study to get approval of its acromegaly drug Mycapssa.
Calumet Specialty Products Partners LP, down $4.97 to $5.30
The fuel and specialty chemicals company forecast a rough first quarter, issued new debt, and suspended its cash distribution.