Wal-Mart and Red-Robin are big market movers
May 19, 2015, 1:42 PM
NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
Wal-Mart Stores Inc., down $3.49 to $76.43
The world’s largest retailer reported worse-than-expected first-quarter results, hurt by a stronger U.S. dollar.
Dick’s Sporting Goods Inc., down $2.86 to $53.43
The sporting goods retailer reported positive first quarter results, but a key sales measure fell short of forecasts.
The TJX Cos., up $1.93 to $69.19
The parent of T.J. Maxx, Marshalls and other stores reported better-than-expected first-quarter profit and revenue.
KB Home, up 36 cents to $15.10
The homebuilder’s stock got a boost as construction in April increased at the fastest pace in nearly seven-and-a-half years.
MBIA Inc., down 82 cents to $8.99
Funds affiliated with Warburg Pincus are selling 27.25 million shares of stock in the insurance and reinsurance company.
Nasdaq
Urban Outfitters Inc., down $6.11 to $34.61
The clothing and apparel retailer reported worse-than-expected first-quarter profit, revenue and same-store sales results.
Red Robin Gourmet Burgers Inc., up $11.19 to $84.14
The casual restaurant chain reported better-than-expected first-quarter profit and revenue and gave a positive outlook.
Take-Two Interactive Software Inc., up $4.42 to $28.62
The publisher of video games including “Grand Theft Auto” reported better-than-expected fiscal fourth-quarter earnings.
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