Royal Caribbean and Facebook are big market movers

AP News
Posted: Jul 24, 2014 4:29 PM

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


Royal Caribbean Cruises Ltd., up $4.33 to $60.56

The cruise ship operator reported better-than-expected quarterly profit on European demand and it increased its full-year guidance.

Under Armour Inc., up $8.92 to $69.55

The sportswear company reported a boost in quarterly profit on footwear sales and it increased its full-year sales outlook.

Pinnacle Entertainment Inc., down $1.51 to $22.54

The casino operator reported a narrower quarterly loss as gambling revenue rose but the results fell short of expectations.

Nokia Corp., up 64 cents to $8.32

The telecommunications and wireless equipment maker reported a boost in second-quarter profit and an improved 2014 outlook.


Facebook Inc., up $3.69 to $74.98

The online social network reported a jump in quarterly profit on mobile advertising revenue, beating Wall Street expectations.

Qualcomm Inc., down $5.43 to $76.17

The communications company is struggling to collect royalties in China and disappointed Wall Street with its quarterly guidance.

Logitech International SA, up $1.95 to $15.28

The computer hardware and software company reported better-than-expected quarterly results and reaffirmed its revenue outlook.

CoStar Group Inc., up $10.20 to $153.79

The commercial real estate services company reported better-than-expected quarterly results and increased its profit outlook.