Cabela's and Yahoo are big market movers

AP News
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Posted: Dec 02, 2015 4:26 PM

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

NYSE

Cabela's Inc., up 99 cents to $47.89

The hunting and outdoor merchandise retailer is potentially seeking a buyer as it faces pressure from activist investor Elliott Management.

SunEdison Inc., up 8 cents to $3.57

The renewable energy developer canceled its deal to buy a 16 percent stake in Brazil's Renova and a related deal with TerraForm Global.

Delta Air Lines Inc., up 66 cents to $48.33

The airline operator said a key revenue measure rose in November, and it expects December's to be at the high end of its forecast.

Nasdaq

Zafgen Inc., down $9.65 to $6.28

The biotechnology company reported a second patient death in a late-stage clinical trial of its lead drug candidate, beloranib.

Isle of Capri Casinos Inc., down $2.85 to $16.12

The casino operator reported weaker revenue for its fiscal second quarter than analysts expected.

Yahoo Inc., up $1.94 to $35.65

The company is mulling an activist shareholder's demand to sell the Internet services it is best known for.

Shutterfly Inc., up $1.65 to $46.67

The digital photo company said it had record revenue over the "Black Friday" weekend and that CEO Jeffrey Housenbold will resign.

Bob Evans Farms Inc., down 30 cents to $39.60

The restaurant chain and food company reported a drop in second-quarter profit and revenue, with mixed results for Wall Street.