Nike and Finish Line are big market movers

AP News
Posted: Sep 27, 2013 5:30 PM

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


Nike Inc., up $3.30 to $73.64

The athletic gear company's stock hit an all-time high after its first-quarter results blew past Wall Street estimates.

Lumber Liquidators Holdings Inc., down $5.83 to $107.13

Federal authorities raided the headquarters of the flooring retailer, which cited official questions about the "importation of certain products."

J.C. Penney Co. Inc., down $1.37 to $9.05

The retailer expects to raise almost $811 million through a new share offering and said it would have $1.3 billion in liquidity by year's end.

AZZ Inc., down 88 cents to $42.23

The electrical products and services specialist's quarterly results fell short of expectations and its outlook left investors wanting.


Nektar Therapeutics, down $3.31 to $10.54

A pain drug from the pharmaceutical company failed in a clinical trail.

Finish Line Inc., up $2.02 to $24.41

Lower costs and a deal with Macy's helped launch the retailer's quarterly results well beyond Wall Street's expectations.

Zoltek Cos. Inc., down $1.81 to $16.70

The Japanese carbon fiber maker Toray Industries will spend $584 million to acquire Zoltek as demand for high-tech materials increases.

International Game Technology, down $1.44 to $19.23

Deutsche Bank downgraded the casino supplier to "Hold" after a large surge in its stock price at a time when new industry challenges are emerging.