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Netflix and Harley-Davidson are big market movers

Published on NewsOK Modified: April 22, 2014 at 3:59 pm •  Published: April 22, 2014
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NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE

Harley-Davidson Inc., up $4.33 to $71.87

The motorcycle maker reported an 18.7 percent increase in first-quarter earnings as revenue grew 5.8 percent around the world.

The Interpublic Group of Cos. Inc., up 49 cents to $17.36

The advertising company reported better-than-expected first-quarter results thanks to stronger demand in the U.S.

Allergan Inc., up $21.65 to $163.65

Valeant Pharmaceuticals and activist investor Bill Ackman offered to buy the Botox maker in a deal worth about $45.6 billion.

Nasdaq

Netflix Inc., up $24.41 to $372.90

The Internet video streaming company said it will soon hike prices by $1 or $2 per month for new customers that sign up for the service.

Comcast Corp., up 95 cents to $50.83

Thanks to an increase in ad revenue at NBC, the cable and media company said its first-quarter net income rose by 30 percent.

Tesla Motors Inc., up $14.26 to $218.64

The electric car company delivered its first eight sedans to customers in China and plans to build charging stations in the country.

Rent-A-Center Inc., up $2.76 to $28.53

The company, which leases furniture and appliances with an option to buy, reported first-quarter results that beat expectations.

Bebe Stores Inc., down 64 cents to $5.80

The clothing company lowered its third-quarter profit forecast, saying that store closures, extreme weather and holiday timing hurt sales.


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