Herbalife and Zulily are big market movers
May 6, 2015, 1:30 PM
NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
Herbalife Ltd., up $6.60 to $46.69
The seller of supplements and weight-loss products reported better-than-expected first-quarter profit and boosted its outlook.
GlaxoSmithKline Plc., up 42 cents to $46.02
The drug developer will keep its stand-alone HIV business as it sets out a strategy after completing its recent Novartis deal.
Vitamin Shoppe Inc., down $3.19 to $39.12
The nutritional supplement retailer reported worse-than-expected first-quarter results and provided a weak outlook.
LendingClub Corp., up 73 cents to $18.31
The operator of a website that puts potential borrowers and investors together reported better-than-expected results and raised its full-year outlook.
Nasdaq
Zulily Inc., down $1 to $10.82
The children’s apparel company reported worse-than-expected first-quarter revenue and gave a disappointing sales outlook.
The Wendy’s Co., up 76 cents to $11.19
The hamburger chain reported better-than-expected first-quarter profit and plans to sell its bakery business and 640 restaurants.
HSN Inc., up $2.36 to $64.23
The home shopping network operator reported better-than-expected first-quarter profit and revenue on higher sales.
Synageva BioPharma Corp., up $107.52 to $203.39
Alexion Pharmaceuticals Inc. is buying the drug developer for $8.4 billion in a cash-and-stock deal.
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