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Netflix, AK Steel, AMD are big movers | |||||||||||||||||||||
NEW YORK (AP) -- Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Advanced Micro Devices Inc., up 11 cents at $4.05 An article in Barron's said that the chipmaker's stock could rise substantially if its acquisition of SeaMicro is a success. AK Steel Holding Corp., down 12 cents at $3.45 The steel company said that it will likely post a larger-than-expected second-quarter loss due to higher tax costs. Nasdaq Netflix Inc., up $15.24 at $229.23 The online streaming company signed a deal to run original programs from animation studio DreamWorks Animation SKG Inc. Orchard Supply Hardware Stores Corp., up 23 cents at $2.11 Lowe's Cos. Inc., the home improvement retailer, offered to buy rival Orchard Supply Hardware for about $205 million in cash. Kandi Technologies Group Inc., up $1.52 at $7.79 The electric vehicle developer said that a Chinese city is building a new vehicle sharing program that will use its vehicles. Micron Technology Inc., up 48 cents at $13.24 A Citi analyst reiterated that the memory chip maker's stock is on his "Top Pick" list and raised its target price to $19 from $13.50. Carrizo Oil & Gas Inc., up $1.99 at $28.15 Shares of the energy company rose after the company boosted its oil production guidance for the second quarter. Synergy Pharmaceuticals Inc., up 16 cents at $4.77 A Citi Investment Research analyst started covering the drug developer's stock with a "Buy" rating based on its constipation drug. © 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Learn more about our Privacy Policy and Terms of Use. | |||||||||||||||||||||
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