Netflix, Apple, Sprint, Wynn are market movers

AP News
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Posted: Oct 10, 2011 4:49 PM
Netflix, Apple, Sprint, Wynn are market movers

Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

Complete Production Services Inc., up $8.04 at $28.42

Oil field service provider Superior Energy Services said it will buy its smaller rival in a $2.7 billion cash-and-stock deal.

Terex Corp., up 68 cents at $12.37

The machinery products manufacturer said it acquired a controlling interest in Brazilian power line maker Ritz do Brazil S.A.

Sprint Nextel Corp., down 19 cents at $2.22

Analysts and investors worried that the wireless company's plans to revamp its networks would mean it needs to raise money soon.

Nasdaq

Netflix Inc., down $5.59 at $111.62

The online movie rental company said it is scrapping its plan to split is DVD-by-mail and streaming operations into two companies.

Apple Inc., up $19.01 at $388.81

The iPhone and iPad maker said pre-orders for its new iPhone 4S topped 1 million, breaking the record set by last year's model.

Odyssey Marine Exploration Inc., up 17 cents at $2.80

The exploration company said it found another shipwreck filled with silver 8,000 feet beneath the North Atlantic Ocean.

Wynn Resorts Ltd., up $10.67 at $139.73

A Citi analyst said that casinos in Macau, such as Wynn Macau, could see record gross gambling revenues in the month of October.

Diamond Foods Inc., up $2.89 at 77.23

A Jefferies analyst upgraded the company, which makes Pop Secret popcorn and Emerald nuts, to "Buy" saying shares fell too low.