Skullcandy and Foot Locker are big market movers

AP News
Posted: Mar 07, 2014 4:30 PM

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


Big Lots Inc., up $6.72 to $35.97

The losses associated with the closeout retailer's exit from Canada were not as bad as most industry watchers had expected.

Alpha Natural Resources Inc., down 68 cents to $4.80

The miner was downgraded to "sell" from "neutral" at Goldman Sachs, which sees more tough times ahead in the coal industry.

Foot Locker Inc., up $3.76 to $46.49

Fourth-quarter sales at stores open at least a year jumped more than 5 percent and the shoe and apparel store topped profit expectations.

Cliffs Natural Resources Inc., down 45 cents to $18.65

The mining company said activist investor Casablanca Capital turned down its offer of board seats, which was made in an attempt to settle a proxy fight.


Skullcandy Inc., up $1.80 to $9.23

The headphones maker's fourth-quarter net income blew away Wall Street expectations and so did the company's revenue.

FuelCell Energy Inc., up 54 cents to $3.53

The U.S. Department of Energy issued a continuation award that is worth nearly $3 million to the fuel cell power plant company.

Peregrine Pharmaceuticals Inc., down 21 cents to $2.40

The drugmaker posted a wider loss for its fiscal third quarter and a revenue decline of 45 percent was worse the expected.

GT Advanced Technologies Inc., up 52 cents to $17.50

The technology company is getting financing for a facility in Arizona from Apple, and it caught an upgrade from Credit Suisse.