Sprint and Zulily are big market movers

AP News
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Posted: Aug 17, 2015 4:23 PM

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

NYSE

Sprint Corp., up 42 cents to $4.60

The wireless communications company announced that it will offer iPhone upgrades to its customers anytime as part of their plan.

Target Corp., up 19 cents to $78.98

The big-box retailer is promoting Chief Financial Officer John Mulligan to the newly created role of chief operating officer.

J.C. Penney Co., up 40 cents to $8.92

The clothing and apparel retailer's shares continued to gain ground on better-than-expected second-quarter results.

Brookfield Infrastructure Partners L.P., down $1.52 to $40.53

The utilities and transportation company will buy the entire issued capital of Australian transportation company Asciano Ltd.

Nasdaq

Zulily Inc., up $6.17 to $18.74

QVC owner Liberty Interactive Corp. will buy the online flash-deal business for about $2.32 billion in a cash-and-stock deal.

ContraFect Corp., up 83 cents to $5.39

The biotechnology company's potential drug for Staph infections received FDA approval for expedited development and review.

Kite Pharma Inc., up $2.32 to $60.32

The biotechnology company confirmed a patient death in a cancer-treatment study, but said it was unrelated to the drug candidate.

6D Global Technologies Inc., down 6 cents to $2.97

The digital marketing company closed a $10 million financing round involving preferred stock with a mutual fund investor.