Gap and Post Holdings are big market movers

AP News
Posted: Aug 08, 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:


Gap Inc., up $2.37 to $42.57

The clothing retailer reported a 3 percent boost in second-quarter sales and forecast quarterly profit above Wall Street expectations.

Post Holdings Inc., down $7.08 to $37.43

The breakfast cereal maker reported a third-quarter loss on expenses and said it will buy American Blanching Co. for $128 million.

Lions Gate Entertainment Corp., up $2.28 to $32.63

The film and television production company reported a jump in quarterly profit on lower expenses, topping Wall Street expectations.

CBS Corp., up $2.33 to $59.23

The media company reported a drop in quarterly profit and revenue, but the financial results still beat Wall Street expectations.


Nvidia Corp., up $1.54 to $19

The visual technology computer chip maker reported a boost in quarterly profit and revenue, beating Wall Street expectations.

Tekmira Pharmaceuticals Corp., up $6.43 to $20.70

U.S. health authorities eased safety restrictions on the company's experimental drug to treat Ebola.

MercadoLibre Inc., up $13.41 to $105.85

The e-commerce technology company reported a boost in revenue and its quarterly financial results beat Wall Street expectations.

Volcano Corp., down $3.22 to $12.56

The medical technology company plans to divest its Axsun Technologies unit and it will settle a lawsuit with St. Jude Medical.