Tesla and Finish Line are big market movers

AP News
Posted: May 08, 2014 4:33 PM

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


Ford Motor Co., up 35 cents to $15.81

The automaker said that it will buy back about $1.8 billion worth of its shares to offset a possible dilution of its stock.

Molycorp Inc., down 84 cents to $3.71

The rare-earth miner's first-quarter results fall well short of expectations as losses widened and revenue fell.

Millennial Media Inc., down $1.99 to $3.36

The mobile advertising company's shares hit an all-time low after a bad quarter and the exit of its chief financial officer.


Finish Line Inc., up 28 cents to $28.24

A partnership between the shoe retailer and Macy's is turning into a lot more sales to women and helped propel the stock to a record high.

The Wendy's Co., down 3 cents to $8.30

The hamburger chain saw profits spike on lower costs, lower interest expenses, as well as an uptick in comparable store sales.

Tesla Motors Inc., down $22.76 to $178.59

Free cash flow will be in negative territory for the entire year as the electric car maker spends heavily to ramp up production.

SolarCity Corp., up $5.89 to $53.60

The solar company had a big quarter and industry analysts are upgrading its shares as it moves into the residential power sector.

Keurig Green Mountain Inc., up $11.98 to $104.19

Shares are up almost 40 percent this year and spiked again after the single-serve coffee maker reported roaring sales.