Michael Kors and SeaWorld are big market movers

AP News
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Posted: Aug 06, 2015 4:32 PM

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

NYSE

Michael Kors Holdings Ltd., up $4.28 to $43.77

The luxury retailer reported better-than-expected first-quarter profit and revenue, partly on higher demand in North America.

SeaWorld Entertainment Inc., up 74 cents to $18.14

The theme park operator said its attendance is still falling but it maintained its financial projections for the year.

Molson Coors Brewing Co., up $3.35 to $73.76

The beer and beverage maker reported a drop in second-quarter profit on lower revenue, but still beat Wall Street expectations.

Viacom Inc., down $7.31 to $44.10

The owner of Nickelodeon, MTV and Paramount Pictures reported worse-than-expected fiscal third-quarter profit and revenue.

Nasdaq

Mondelez International Inc., up 52 cents to $46.81

Activist investor Bill Ackman is paying about $5.5 billion for a 7.5 percent stake in the maker of Oreo cookies and Cadbury.

Keurig Green Mountain Inc., down $22.31 to $52.67

The maker of single-serve coffee brewing systems reported disappointing third-quarter sales and will cut staff to reduce costs.

Hortonworks Inc., up $3.16 to $27.31

The open-source data company reported better-than-expected second-quarter results and provided an upbeat outlook.

Sequenom Inc., down 47 cents to $2.35

The molecular diagnostics testing services company reported worse-than-expected second-quarter profit and revenue.