Netflix and Chipotle big market movers

AP News
|
Posted: Jan 06, 2016 4:37 PM

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

NYSE

Chipotle Mexican Grill Inc., down $22.36 to $426.67

The fast-food chain received a federal grand jury subpoena as the government looks into a norovirus outbreak at a California restaurant.

TherapeuticsMD Inc., down 93 cents to $8.38

The women's health products company is publicly offering $125 million in stock and will used proceeds for sales and development.

Valeant Pharmaceuticals International Inc., up $1.54 to $102.40

The drug developer named Howard Schiller as interim CEO to replace Michael Pearson, who remains hospitalized from pneumonia.

AutoNation Inc., down $5.98 to $50.76

The auto retailer had to offer large discounts in December and will report smaller profits per vehicle in the fourth quarter.

Nasdaq

Netflix Inc., up $10.02 to $117.68

The video streaming company said it was launching its service globally and added service in several new languages including Arabic and Korean.

Conatus Pharmaceuticals Inc., up 1 cent to $2.88

The biotechnology company reported positive results from a mid-stage study on a potential treatment for liver diseases.

Epizyme Inc., down $3.58 to $11.54

The biotechnology company plans to publicly offer $120 million in stock, mainly to fund development of cancer treatments.

Cempra Inc., down $3.99 to $24.74

The drug developer plans to offer $175 million in stock to fund development of antibiotics for bacterial infectious diseases.