Splunk, Tesla are big market movers

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

NYSE

Big Lots Inc., down 85 cents to $46.35

Shares of the discount retailer fell, even as it reported a second-quarter profit that beat Wall Street expectations.

Amira Nature Foods Ltd., up 99 cents to $17.22

The provider of packaged Indian specialty rice reported first-quarter profit and revenue that topped Wall Street expectations.

Nasdaq

Tesla Motors Inc., up $5.84 to $269.70

The electric car maker and a state-owned Chinese phone carrier announced plans to build 400 car charging stations in China.

Apple Inc., up 25 cents to $102.50

The iPhone maker’s stock hit a new 52-week high, a day after saying it will hold a September event to possibly debut new products.

Splunk Inc., up $8.64 to $53.93

The data management software developer reported second-quarter results that beat expectations, and it raised its full-year outlook.

Pacific Sunwear of California Inc., down 22 cents to $2.08

Shares of the teen clothing retailer fell, even as it reported second-quarter results that beat Wall Street expectations.

Avago Technologies Ltd., up $5.73 to $82.09

The Singapore-based chipmaker reported third-quarter earnings that beat Wall Street expectations.

Fred’s Inc., down 80 cents to $14.23

The discount retailer said it will close 60 stores and make other changes after reporting a $16.4 million loss for its second quarter.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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