KLA-Tencor and Pfizer jump; IPG and Chipotle slide
NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday:
KLA-Tencor Corp., up $11.12 to $117.42
The maker of equipment for manufacturing semiconductors surpassed analyst estimates in its fourth quarter.
Illumina Inc., up $35.12 to $324.36
The genetic testing tools maker raised its forecasts after a strong second quarter.
IPG Photonics Corp., down $60.26 to $164.04
The high-powered laser maker said demand from Europe and China worsened during the second quarter and hasn’t improved.
AK Steel Holdings Inc., down 73 cents to $4.63
The steel maker said its results were hurt by a fire at one plant and power outages at another.
Qualcomm Inc., up $2.05 to $64.09
The chipmaker began buying back stock through a tender offer.
Chipotle Mexican Grill Inc., down $31.81 to $433.66
The Mexican food chain closed a restaurant in Ohio on Monday after reports customers may have gotten sick.
3M Co., up $7.20 to $212.32
Industrial companies fared better than the rest of the market Tuesday.
Pfizer Inc., up $1.34 to $39.93
The biggest U.S. drugmaker topped analysts’ projections and raised its forecasts for the year.