Netflix, Dole, Express are big movers

AP News
Posted: Mar 13, 2013 5:06 PM

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


Express Inc., down 60 cents at $18.25

The clothing retailer saw less traffic in its stores in February, saying higher taxes and rising gas prices cut customer's spending.

MEMC Electronic Materials Inc., down 73 cents at $4.70

The maker of semiconductor products for the solar industry said that it expects prices to drop in its solar division this year.

Dole Food Co. Inc., down $1.06 at $10.67

Citing lower banana prices in North America, the fruit and vegetable distributor's fourth-quarter results fell short of expectations.

Nautilus Inc., down 56 cents at $6.43

A B. Riley analyst downgraded his rating on the fitness equipment maker's stock amid unfavorable conditions in the retail space.


Netflix Inc., up $10.25 at $192.36

The Internet video service is letting U.S. subscribers swap movie and TV show recommendations with their social circles on Facebook.

Velti PLC, down 71 cents at $2.40

The mobile marketing company said that higher expenses and weaker revenue hurt its fourth-quarter performance and it posted a loss.

Spectrum Pharmaceuticals Inc., down $4.64 at $7.79

The drugmaker said that sales of its drug Fusilev, which treats the side effects of chemotherapy, will fall this year.

Sunesis Pharmaceuticals Inc., up 40 cents at $5.79

The drugmaker posted a smaller fourth-quarter loss as it continued clinical testing of its cancer drug vosaroxin and other products.