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DuPont and Adobe are big market movers

December 11, 2015

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

NYSE

DuPont, down $4.11 to $70.44

The chemicals company and rival Dow Chemical will attempt an all-stock merger, before splitting into three separate companies.

SunEdison Inc., up 6 cents to $4.15

The renewable energy technology company is selling 333 megawatts of wind-power assets to Terra Nova Renewable for $209 million.

Vince Holding Corp., down $1.05 to $4.59

The high-end clothing company gave a disappointing forecast for its revenue and earnings per share this fiscal year.

Corning Inc., up 99 cents to $18.68

The glassmaker is will give up its stake in Dow Corning, a joint venture with Dow Chemical, and invest in a semiconductor business.

Nasdaq

Adobe Systems Inc., up $2.46 to $91.42

The software maker reported better-than-expected fiscal fourth-quarter profit, and revenue met Wall Street forecasts.

Ariad Pharmaceuticals Inc., down 29 cents to $6.05

The drug developer cut its revenue guidance on its key cancer treatment as it continues to negotiate pricing with France.

Nordson Corp., down $4.85 to $63.54

The maker of adhesives and industrial coatings reported worse-than-expected fiscal fourth-quarter profit and revenue.

JetBlue Airways Corp., down $2 to $23.44

The airline gave disappointing guidance for revenue per available seat mile in the fourth-quarter, a key revenue figure.

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