LinkedIn and Lions Gate are big market movers

Published on NewsOK Modified: February 7, 2014 at 3:27 pm •  Published: February 7, 2014
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NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE

Cigna Corp., down $7.90 to $77.47

The health services company fell short of profit expectations and its guidance for next year did not win over investors.

LinkedIn Corp., down $13.86 to $209.59

The professional networking site released strong fourth-quarter results but indicated that its performance will weaken this year as management ramps up spending while revenue growth slows.

Lions Gate Entertainment Corp., up $1.38 to $33.11

Investors are eating up shares of the film company as "The Hunger Games: Catching Fire" continues to light up the box office.

The Gap Inc., up $2.29 to $42

The retailer issued a surprisingly strong profit outlook for its fourth quarter and comparable-store sales rose in January.

Nasdaq

Activision Blizzard Inc., up $2.47 to $19.64

"Call of Duty" and "Skylanders" fueled a big fourth quarter at the gamemaker, which topped Wall Street's profit expectations.

Athenahealth Inc., up $34.85 to $173.93

The health care billing and services company saw margins expand and its earnings for the fourth quarter were better than expected.

Expedia Inc., up $9.31 to $74.45

Earnings at the travel website operator beat expectations by a margin wide enough to send shares higher across the sector.

Fairway Group Holdings Corp., down $3.31 to $8.12

The newly public company reported expenses that were much higher than most had anticipated, prompting a slew of downgrades.



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