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Best Buy and Deckers 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

Best Buy Co. Inc., up $1.06 to $26.63

Shares of the electronics retailer continued to rise a day after posting a fourth-quarter profit that topped Wall Street expectations.

United Continental Holdings Inc., down $1.55 to $44.96

Winter storms forced the airline to cancel 22,500 flights in January and February, hurting its revenue for the first quarter.

Pier 1 Imports Inc., down $1.14 to $18.92

The home decor company cut its fiscal fourth-quarter and full-year forecasts again, saying bad weather kept customers at home.

Sotheby's, down $3.36 to $47.01

The auction house had to take back a diamond that sold for $83 million after the buyer defaulted.

Nasdaq

Fred's Inc., up $1.84 to $19.93

Bloomberg News reported that the discount chain has approached several companies about selling itself.

Deckers Outdoor Corp., down $10.32 to $74.35

The maker of Ugg footwear surprised Wall Street by saying it expects a loss for its first quarter.

Medivation Inc., down $12.61 to $71.91

The drugmaker posted a 2014 revenue outlook for its prostate cancer treatment Xtandi that fell short of analyst expectations.

Monster Beverage Corp., up $2.84 to $74

The energy drink maker reported higher fourth-quarter sales despite legal attacks alleging that its drinks pose health risks.


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 This material may not be published, broadcast, rewritten or redistributed.)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