Lululemon and Burlington rise, Alcoa and GameStop slide
NEW YORK (AP) - Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq stock market:
NYSE
Alcoa Inc., down 72 cents to $7.28
The aluminum maker's stock fell to its lowest price in almost six years after it reported a fourth-quarter loss and said revenue continued to decline.
Burlington Stores Inc., up $6.16 to $48.92
The retailer trimmed its fourth-quarter outlook, but its results were good compared to peers that have seen their sales skid due to warm winter weather.
GameStop Corp., down $1.50 to $27.88
Investors were disappointed with the video game store operator's holiday season sales.
United Continental Holdings Inc., down 76 cents to $50.86
The parent of United Airlines said a key sales figure will be weaker than expected because of the Paris terrorist attacks and because energy industry employees aren't flying as much.
Nasdaq
Apollo Education Group Inc., up $1.01 to $7.39
The education company's stock continued to climb after saying it is in talks that could lead to a sale.
Lululemon Athletica Inc., up $2.09 to $56.82
The athletic apparel maker raised its profit and sales forecasts and said holiday sales were strong.
Skullcandy Inc., down $1.29 to $3.26
The headphones maker slashed its 2015 sales projections and said holiday sales were worse than it expected.
Starbucks Corp., up $1.64 to $59.46
The coffee chain said it's on track to have 3,400 locations in China by 2019, up from 2,000 now.