Quanex and Wendy's are big market movers

AP News
|
Posted: Jun 03, 2015 4:43 PM

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

NYSE

Quanex Building Products Corp., up $1.78 to $19.15

The housing materials maker reported better-than-expected fiscal second-quarter profit and reaffirmed a positive outlook.

Travelport Worldwide Ltd., down 51 cents to $15.25

The travel commerce company reported better-than-expected first-quarter profit, but its revenue fell short of forecasts.

Violin Memory Inc., down 39 cents to $2.77

The data storage company reported worse than-expected first-quarter profit and revenue and gave a disappointing outlook.

Nasdaq

The Wendy's Co., up 37 cents to $11.47

The fast-food chain operator said its board approved a $1.4 billion stock buyback program and it updated its 2015 profit outlook.

Groupon Inc., up 12 cents to $6.15

The online coupon and deals company announced a pair of executive changes and boosted its stock buyback plan.

Stock Building Supply Holdings Inc., up $2.40 to $20.50

The construction industry supplies company will merge with privately held Building Materials Holding Corp. in a stock deal.

BioLife Solutions Inc., up 81 cents to $2.79

The cryopreservation technology company reported increased adoption of its products for cold cell and tissue preservation.

Ambarella Inc., up $3.45 to $95.66

The video-compression chipmaker reported better-than-expected fiscal first-quarter profit and revenue and an upbeat outlook.