Pandora and Alphabet are big market movers

AP News
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Posted: Oct 23, 2015 5:23 PM

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

NYSE

Pandora Media Inc., down $6.80 to $12.39

The Internet radio giant reported a third-quarter loss and gave a weak outlook after it settled a lawsuit for $90 million.

The Procter & Gamble Co., up $2.18 to $77.03

The world's largest consumer products maker reported better-than-expected fiscal first-quarter profit.

Whirlpool Corp., up $13.91 to $145.90

The maker of Maytag, KitchenAid and other appliances is being hurt by the strong dollar and weak demand in emerging markets.

Nasdaq

Merrimack Pharmaceuticals Inc., up 96 cents to $9.67

The Food and Drug Administration approved the biotechnology company's pancreatic cancer therapy Onivyde, but with a warning.

Alphabet Inc., up $38.19 to $719.33

Google Inc.'s parent company reported better-than-expected third-quarter results and announced a stock buyback plan.

Amazon.com Inc., up $35.12 to $599.03

The e-commerce company reported better-than-expected third-quarter profit and revenue and issued an upbeat revenue outlook.

Microsoft Corp., up $4.84 to $52.87

The software maker reported solid growth in promising new businesses including mobile apps, advertising, and cloud computing.

Imprimis Pharmaceuticals Inc., up $1.04 to $7.01

The company said it will sell $1 doses of Daraprim, whose price recently was jacked up to $750 per pill by Turing Pharmaceuticals.