Alibaba and Tesla are big market movers
May 7, 2015, 1:30 PM
NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
Alibaba Group Holding Ltd., up $6 to $86
The Chinese e-commerce company reported a 45 percent jump in first-quarter revenue on an increase in the number active buyers and higher service fees.
Lumber Liquidators Holdings Inc., down 16 cents to $27.07
The flooring retailer is suspending the sale of laminate flooring made in China in the wake of an investigation over its products.
Monster Worldwide Inc., up 36 cents to $6.05
The online job search company reported better-than-expected first-quarter profit, but its revenue fell short of expectations.
Teradata Corp., down $3.14 to $41.80
The data management company reported worse-than-expected first-quarter results and gave a disappointing outlook.
Nasdaq
Tesla Motors Inc., up $6.37 to $236.80
The electric car maker delivered a quarterly record of cars, but orders lagged in China.
Whole Foods Market Inc., down $4.65 to $43.07
The supermarket chain operator’s quarterly sales at established locations fell short of Wall Street expectations.
Quality Distribution Inc., up $5.94 to $15.74
The logistics and transportation company is being bought by funds advised by Apax Partners in a $800 million cash and debt deal.
Core-Mark Holding Co., up $5.66 to $59.05
The distributor for convenience stores reported better-than-expected first-quarter results and issued a positive outlook.
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