CarMax and BlackBerry are big market movers

AP News
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Posted: Dec 18, 2015 4:28 PM

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

NYSE

Darden Restaurants Inc., up $4.11 to $62.50

The owner of Olive Garden said sales at the restaurant chain edged up in the latest quarter as diners ordered pricier dishes.

CarMax Inc., down $3.66 to $53.49

The chain of car dealerships said that sales of used cars at dealerships open at least a year slipped 0.8 percent.

Lennar Corp., down $1.19 to $47.49

The home builder reported fourth-quarter earnings that beat Wall Street expectations, but revenue missed forecasts.

Carnival Corp., up $1.95 to $52.41

The cruise operator posted a better-than-expected fourth-quarter profit after reporting a loss in the same period a year earlier.

Red Hat Inc., up $2.54 to $81.40

The software company's fiscal third-quarter earnings and revenue topped analysts' forecasts.

Nasdaq

BlackBerry Ltd., up 81 cents to $8.61

The smartphone maker's latest quarterly results beat Wall Street expectations, even though its revenue fell sharply.

Nutrisystem Inc., down 5 cents to $21.06

The weight-loss company, which sells packaged foods, said that it is buying the South Beach Diet brand for $15 million.

Columbia Sportswear Co., up $1.40 to $45.38

A Stifel analyst raised his investment rating on the outdoor clothing seller to a "Buy" on signs its Columbia and Sorel brands are growing.