Nike and Janus Capital are big market movers

AP News
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Posted: Sep 26, 2014 4:22 PM

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

NYSE

Nike Inc., up $9.75 to $89.50

The athletic apparel maker reported a jump in first-quarter profit on double-digit revenue growth, topping expectations.

Janus Capital Group Inc., up $4.78 to $15.89

The asset and investment management company said it hired star bond fund manager Bill Gross from investment company PIMCO.

Pep Boys — Manny, Moe & Jack, up 6 cents to $9.43

The automotive products retailer said President and CEO Mike Odell resigned and John Sweetwood will become the interim CEO.

Nasdaq

Micron Technology Inc., up $2.13 to $33.83

The computer chip-maker reported quarterly profit results that met Wall Street expectations on better-than-expected revenue.

Diamond Foods Inc., up $1.95 to $28.57

The packaged food company reported a narrowed fourth-quarter loss and the financial results beat Wall Street expectations.

BlackBerry Limited, up 46 cents to $10.26

The wireless communications company reported a narrower second-quarter loss that beat Wall Street expectations.

Finish Line Inc., down $4.30 to $25.11

The athletic apparel retailer reported worse-than-expected second-quarter profit and revenue.

GlycoMimetics Inc., down $1.04 to $7.19

The biotechnology company said a study of its potential sickle cell disease drug is being delayed because of manufacturing issues.