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Constellation Brands and Biogen rise; Navient plunges

October 5, 2017

NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday:

Constellation Brands Inc., up $8.07 to $209.25

The beer and wine maker raised its profit forecast after it reported strong quarterly sales.

Biogen Inc., up $11.82 to $326.74

The company reported more data on its drug Spinraza, a treatment for spinal muscular atrophy.

United Parcel Service Inc., down 80 cents to $118.20

Package delivery companies UPS and FedEx traded lower after Bloomberg News said Amazon is testing its own delivery service.

Navient Corp., down $2.10 to $12.61

The student loan servicing company stopped its stock repurchases after it bought another company.

Alphabet, Inc., up $18.41 to $985.19

Technology companies led as the stock market hit its longest winning streak it years.

SeaWorld Entertainment Inc., down 92 cents to $13.19

Bloomberg News reported that Merlin Entertainment made an offer to buy part of the theme park company.

Buckle Inc., up 95 cents to $17.30

The retailer’s reported sales slumped last month but the decline was better than expected.

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