PulteGroup and Herbalife are big market movers
NEW YORK, N.Y. - Stocks that moved substantially or traded heavily XXX on the New York Stock Exchange and the Nasdaq Stock Market:
Herbalife Ltd., down $4.82 to $60.57
The nutrition and supplement company, which has rejected claims that it is operating a pyramid scheme, is facing an inquiry from the Federal Trade Commission.
Express Inc., down $2.19 to $16.05
The specialty retailer's quarterly profit and revenue fell short of Wall Street expectations and its outcast was fairly grim.
PulteGroup Inc., down 26 cents to $19.67
Homebuilders are losing their shine this week, as Credit Suisse, following Bank of America and Citigroup, issues a broad downgrade.
VeriFone Systems Inc., up $3.23 to $32.48
The payment processor and equipment maker topped Wall Street projections for quarterly profit and revenue and issued strong guidance.
Geron Corp., down $2.71 to $1.69
Federal regulators ordered research suspended on the pharmaceutical company's blood disorder drug, citing concerns over liver damage.
Diamond Foods Inc., up $2.96 to $32.91
The snack maker did big business during the most recent quarter, beating analysts' expectations.
DepoMed Inc., up 49 cents to $13.50
The drugmaker got a $10 million milestone payment after regulators approved its new drug application for the painkiller Xartemis.
Zogenix Inc., down $1.03 to $3.51
The maker of OxyContin is closer to an abuse-resistant version of the hydrocodone, bad news for Zogenix's painkiller Zohydro.