LinkedIn and Tesla are big market movers

AP News
Posted: Aug 01, 2014 4:36 PM

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


Bally Technologies Inc., up $17.53 to $77.70

The gambling equipment maker is being bought by rival Scientific Games Corp. in a deal worth $5.1 billion, including debt.

Procter & Gamble Co., up $2.33 to $79.65

The consumer products company reported a boost in quarterly profit on a series of cost cuts, topping Wall Street expectations.

LinkedIn Corp., up $21.14 to $201.78

The professional networking service reported a second-quarter loss, but the results still beat Wall Street expectations.

Spirit AeroSystems Holdings Inc., up $4.27 to $36.84

The commercial aircraft parts maker reported better-than-expected quarterly profit and increased its full-year guidance.

Nasdaq Group Inc., down $6.43 to $20.12

The Internet services company said its quarterly revenue fell short of expectations and announced an online directory acquisition.

Tesla Motors Inc., up $9.97 to $233.27

The electric car maker reported better-than-expected quarterly results and delivered more vehicles than it previously forecast.

Expedia Inc., up $5.04 to $84.46

The online travel company reported better-than-expected quarterly profit and revenue results on higher hotel and flight bookings.

SunPower Corp., down $2.37 to $34.36

The solar energy systems company reported a drop in quarterly profit and set a wide range for profit and revenue guidance.