LinkedIn and Skullcandy are big market movers

Published on NewsOK Modified: May 2, 2014 at 3:27 pm •  Published: May 2, 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

InvenSense Inc., down 96 cents to $19.63

The motion sensor company offered an unexpectedly tepid outlook for profit and revenue, and also posted light quarterly profits.

LinkedIn Corp., down $13.49 to $147.73

The online professional networking service posted its largest quarterly loss since going public and investors fret about its rising expenses and slowing revenue growth.

Estee Lauder Companies Inc., up $3.43 to $75.62

Third-quarter profit rose 19 percent at the cosmetics company, topping expectations, and it also lifted its outlook for the year.

The Western Union Co., up 46 cents to $16.31

After five quarters of lackluster sales, the money shuttling service posted rising revenue and analysts expect earnings growth.