Under Armour, Wynn, Crocs are market movers
NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:
Under Armour Inc., down $3.69 at $52.93
The athletic clothing maker's third-quarter net income rose 25 percent, but its 2012 revenue forecast was below expectations.
Skechers USA Inc., up 31 cents at $16.92
The shoe designer and retailer said that its net income rose 39 percent as revenue from its wholesale division and its stores grew.
Crocs Inc., down $3.43 at $12.76
The maker of colorful plastic shoe's third-quarter net income rose 49 percent, but its posted disappointing fourth-quarter guidance.
Cliffs Natural Resources Inc., down $4.49 at $38.20
Due to a drop in the price of iron ore and rising costs, the mining company's third-quarter net income fell 86 percent.
Fusion-io Inc., down $2.24 at $25.06
The data center technology provider's first-quarter earnings fell 45 percent. It also posted a weak outlook for the current quarter.
Wynn Resorts Ltd., up $8.14 at $120.43
The casino operator said third-quarter profit fell nearly 12 percent, but its adjusted earnings still beat expectations.
PSS World Medical Inc., up $6.97 at $28.57
Prescription drug distributor McKesson Corp. is expanding its medical supplies business by buying PSS for about $1.46 billion.
Dunkin' Brands Group Inc., up 56 cents at $31.37
The owner of Dunkin' Donuts and Baskin-Robbins said it nearly quadrupled its third-quarter net income as it cut costs.