Wayfair and Gap are big market movers

AP News
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Posted: Nov 10, 2015 4:30 PM

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

NYSE

DR Horton Inc., up $2.38 to $31.15

The homebuilder reported better-than-expected fiscal fourth-quarter results and boosted its quarterly dividend.

Wayfair Inc., down $6.41 to $39.43

The online home goods retailer's third-quarter results topped Wall Street's forecasts but it tempered expectations for the current quarter.

The Gap Inc., down 40 cents to $27.29

The apparel company reported a 3 percent drop October sales at stores open at least a year, a key measure of a retailer's health.

Rackspace Hosting Inc., up $3.24 to $30.33

The cloud computing company reported better-than-expected third-quarter results and gave an upbeat outlook.

Valeant Pharmaceuticals International Inc. (VRX), down $1.73 to $83.68

The pharmaceutical company's CEO said its move to cut ties with Philidor will hurt its dermatology business.

Chipotle Mexican Grill Inc., up $19.59 to $628.88

The chain restaurant operator will reopen all of its restaurants in the Pacific Northwest following an E. coli outbreak scare.

Nasdaq

DepoMed Inc., up $1.10 to $21.21

The drugmaker reported better-than-expected third-quarter earnings and revenue and boosted its full-year fiscal outlook.

Halozyme Therapeutics Inc., down $1.67 to $16.21

The biotechnology company reported a wider-than-expected third-quarter loss.