Rite Aid, HP, Zumiez are big movers

AP News
Posted: Apr 11, 2013 4:32 PM

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


Rite Aid Corp., up 33 cents at $2.12

Thanks to a rise in prescriptions and a drop in some costs, the drugstore chain posted its second straight quarterly profit.

Hewlett-Packard Co., down $1.44 at $20.88

Research firm IDC said shipments of PCs worldwide fell 14 percent in the first quarter, the sharpest plunge since tracking began in 1994.

Limited Brands Inc., up $2.08 at $50.25

The owner of Victoria's Secret, Pink, and Bath and Body Works said that sales in stores open a year rose 3 percent in March.


Ross Stores Inc., up $3.56 at $63.80

The discount retailer said that it will likely surpass its current-quarter profit forecast after better-than-expected March sales.

Fortinet Inc., down $2.86 at $18.99

The network security company cut its first-quarter forecast because a number of expected U.S. service provider deals did not close.

Zumiez Inc., up $3.33 at $28.23

The action-sports clothing and equipment company said its sales improved in March, topping Wall Street analyst's expectations.

Perfumania Holdings Inc., up 23 cents at $5.55

The perfume and fragrance seller's sales rose 12.6 percent in March, and revenue at locations open at least a year rose 10 percent.

Acadia Pharmaceuticals Inc., up $5.13 at $13.10

The Food and Drug Administration said the drugmaker won't have to run a second late-stage trial of its Parkinson's psychosis drug.