Share “Michael Kors and Gap are big market movers”

Michael Kors and Gap are big market movers

Published on NewsOK Modified: September 5, 2014 at 3:45 pm •  Published: September 5, 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

Michael Kors Holdings Ltd., down $3.58 to $76.39

The apparel retailer said one of its principal founding stockholders is selling its remaining shares in the luxury retailer.

Gap Inc., down $1.94 to $44.65

The clothing and apparel retailer said sales at established stores and revenue fell in August and will pressure profit margins in September.

Dollar General Corp., down $1.47 to $63.01

Family Dollar rejected the rival discount retailer's latest $9.1 billion buyout offer and still plans to sell to Dollar Tree Inc.

Quicksilver Inc., down 70 cents to $2.13

The casual apparel retailer reported a third-quarter loss and the financial results fell short of Wall Street expectations.

Infoblox Inc., up 63 cents to $14.21

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