News Column

Foot Locker and Aeropostale are big market movers

May 23, 2014



NEW YORK (AP) Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE

Aeropostale Inc., down $1.11 to $3.41

Even in the dismal landscape that is the retail sector, the teen clothing store's outlook caught many industry analysts off guard.

GameStop Corp., up $1.55 to $38.43

Despite the entry of retail giant Wal-Mart on its turf, the videogame seller continues to surprise investors with big profits.

Foot Locker Inc., up 75 cents to $48.92

Profit margins are improving and the shoe store's quarterly results topped Wall Street expectations.

Lennar Corp., up $1.55 to $40.54

Americans are house hunting again after a pause, sending sales up 6.4 percent last month and pushing homebuilder shares higher.

Nasdaq

The Fresh Market Inc., up 45 cents to $29.15

The supermarket outperformed its peers in a rough consumer climate and it matched diminished first-quarter earnings expectations.

FireEye Inc., up $1.10 to $33.39

A nearly 30 percent decline the network security company's stock price elicits an upgrade from analysts at Barclays.

TiVo Inc., up 26 cents to $12.19

Brean Capital believes that the company is on the verge of better things after booking a very strong first quarter.

PTC Therapeutics Inc., up $4.71 to $20.03

The company's drug Translarna for treating a type of Duchenne muscular dystrophy moved closer to approval in the European Union.


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Source: Associated Press


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