Skullcandy and Foot Locker are big market moversMarch 7, 2014 @ 1:32 pm (Updated: 1:40 pm - 3/7/14 )
NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:
Big Lots Inc., up $6.72 to $35.97
The losses associated with the closeout retailer's exit from Canada were not as bad as most industry watchers had expected.
Alpha Natural Resources Inc., down 68 cents to $4.80
The miner was downgraded to "sell" from "neutral" at Goldman Sachs, which sees more tough times ahead in the coal industry.
Foot Locker Inc., up $3.76 to $46.49
Fourth-quarter sales at stores open at least a year jumped more than 5 percent and the shoe and apparel store topped profit expectations.
Cliffs Natural Resources Inc., down 45 cents to $18.65
The mining company said activist investor Casablanca Capital turned down its offer of board seats, which was made in an attempt to settle a proxy fight.
Skullcandy Inc., up $1.80 to $9.23
The headphones maker's fourth-quarter net income blew away Wall Street expectations and so did the company's revenue.
FuelCell Energy Inc., up 54 cents to $3.53
The U.S. Department of Energy issued a continuation award that is worth nearly $3 million to the fuel cell power plant company.
Peregrine Pharmaceuticals Inc., down 21 cents to $2.40
The drugmaker posted a wider loss for its fiscal third quarter and a revenue decline of 45 percent was worse the expected.
GT Advanced Technologies Inc., up 52 cents to $17.50
The technology company is getting financing for a facility in Arizona from Apple, and it caught an upgrade from Credit Suisse.
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