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GameStop and GM are big market movers

Tuesday - 6/17/2014, 5:28pm  ET

NEW YORK (AP) -- Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE

GameStop Corp., up $2.57 to $40.29

A report from the NPD Group revealed huge video game sales in May and likely some bigger margins for the video game retailer.

Southwest Airlines Co., up 53 cents to $26.63

Stifel Nicolaus said it saw the stock's price as a good entry point for investors and upgrades the airline.

Edwards Lifesciences Corp., up $3.62 to $82.06

The Food and Drug Administration approved a second-generation, implantable heart valve made by the medical device company.

General Motors Co., up 30 cents to $36.36

Sales of Malibus and other models do not appear to be suffering despite the automaker's recalls of more than 20 million vehicles worldwide.

Allergan Inc., up $1.16 to $160.53

Valeant plans to go hostile in its takeover bid for the maker of Botox after its latest offer of $53 billion was rejected.

Nasdaq

SolarCity Corp., up $9.65 to $64.53

CEO Elon Musk says the company is buying a solar panel maker and will build factories "an order of magnitude" bigger than current plants.

Expedia Inc., up $3.04 to $77.62

Travel websites rose sharply after analysts with UBS and Susquehanna released separate reports, both optimistic about growth.

RF Micro Devices Inc., up 30 cents to $10.13

Federal regulators took no action to block a $1.56 billion tie-up between the communications technology company and TriQuint.


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