Best Buy and Deckers are big market movers
NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:
Best Buy Co. Inc., up $1.06 to $26.63
Shares of the electronics retailer continued to rise a day after posting a fourth-quarter profit that topped Wall Street expectations.
United Continental Holdings Inc., down $1.55 to $44.96
Winter storms forced the airline to cancel 22,500 flights in January and February, hurting its revenue for the first quarter.
Pier 1 Imports Inc., down $1.14 to $18.92
The home decor company cut its fiscal fourth-quarter and full-year forecasts again, saying bad weather kept customers at home.
Sotheby's, down $3.36 to $47.01
The auction house had to take back a diamond that sold for $83 million after the buyer defaulted.
Fred's Inc., up $1.84 to $19.93
Bloomberg News reported that the discount chain has approached several companies about selling itself.
Deckers Outdoor Corp., down $10.32 to $74.35
The maker of Ugg footwear surprised Wall Street by saying it expects a loss for its first quarter.
Medivation Inc., down $12.61 to $71.91
The drugmaker posted a 2014 revenue outlook for its prostate cancer treatment Xtandi that fell short of analyst expectations.
Monster Beverage Corp., up $2.84 to $74
The energy drink maker reported higher fourth-quarter sales despite legal attacks alleging that its drinks pose health risks.