Macy’s and InterMune are big market movers
NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:
Vitamin Shoppe Inc., up $3.36 to $45.33
The retailer topped Wall Street expectations for profit and revenue during the fourth quarter and its sales at stores open at least a year grew.
Office Depot Inc., down 47 cents to $4.88
Losses widened as the office supply retailer continues to integrate OfficeMax, an acquisition it completed in November.
Macy’s Inc., up $3.19 to $56.25
Fourth-quarter profit rose 11 percent as the department store wrestled with terrible winter weather in much of the country.
Tenet Healthcare Corp., down $4.40 to $43.93
The hospital operator posted a loss in the fourth quarter as it took on more debt because of an acquisition and a stock repurchase.
LinkedIn Corp., up $10.25 to $209.84
The professional networking service is launching a Chinese-language website for the world’s most populous Internet market.
Zulily Inc., up $15.57 to $58.41
Revenue doubled over the past three months at the newly public e-commerce clothing company that markets to mothers and children.
Tesla Motors Inc., up $30.35 to $248
The electric car company’s Model S sedan is Consumer Reports’ top pick in this year’s automotive rankings. Morgan Stanley jacks its price target on the stock to $320 from $153.
InterMune Inc., up $23.84 to $37.80
A drug to treat a fatal lung disease met the pharmaceutical company’s goals in a study, which may lead to market approval from regulators.