Caesars and Vail rise while Guess and DocuSign slip
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday:
Caesars Entertainment Corp., up 35 cents to $9.48
The casino operator is close to making a deal to merge with Eldorado Resorts Inc., according to media reports.
Zumiez Inc., up $2.98 to $21.65
The clothing retailer’s fiscal first quarter profit surprised Wall Street and its revenue also beat forecasts.
Barnes & Noble Inc., up 66 cents to $6.62
The bookseller is being bought by private equity group Elliott Advisors UK for about $476 million, plus debt.
Vail Resorts Inc., up $19.02 to $237.13
The ski resort operator’s fiscal third quarter profit and revenue beat Wall Street forecasts.
Ollie’s Bargain Outlet Holdings Inc., down $2.52 to $95.06
The retailer’s quarterly sales at established stores fell short of Wall Street forecasts.
DocuSign Inc., down $6.58 to $48.16
The provider of electronic signature technology reported billings below Wall Street forecasts for the first quarter.
Domo Inc., down $1.94 to $29.82
The cloud-computing company gave investors a disappointing revenue forecast for the current quarter.
Guess Inc., down $1.26 to $14.42
The jeans and apparel maker slashed its quarterly dividend and cut its profit forecast for the current quarter.