Target and SodaStream are big market movers
NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:
Target Corp., up $3.98 to $60.49
Still reeling from the theft of customer credit card data, the retailer managed to top Wall Street expectations for the quarter.
Abercrombie & Fitch Co., up $4.05 to $40.04
The teen retailer's adjusted profit for the fourth quarter was better than expected and it announced a $150 million stock buyback.
Chesapeake Energy Corp., down $1.33 to $25.61
The cost of trimming its workforce and getting out of land leases weighed on the energy company's fourth quarter profit.
Sturm, Ruger & Co. Inc., down $5.38 to $62.99
The nation's biggest gunmaker reported a rare miss in the fourth quarter as fear of a crackdown under the Obama administration fade.
First Solar Inc., down $5.29 to $52.74
The solar company posted weaker fourth-quarter profit and revenue and gave a sheepish outlook for the current quarter, sending investors fleeing.
EBay Inc., up $1.19 to $57.34
Carl Icahn ramped up his attacks on the e-commerce site with another open letter. The company says the activist investor's claims are "not factually accurate."
SodaStream International Ltd., up 9 cents to $39.17
The Israeli carbonated beverage machine company did better than most had expected in the fourth quarter despite slimmer margins.
JAKKS Pacific Inc., up $1.37 to $7.27
The chief executive of the children's and pet toy company predicted more international growth this year with more products.