Kroger, Rite Aid, GameStop are big movers
Kroger, Rite Aid, GameStop, ChinaEdu, Durect are big market movers Thursday
NEW YORK (AP) -- Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
The Kroger Co., down $2.15 at $32.98
Shares of the supermarket chain fell, even though it raised its full-year outlook after reporting a strong first-quarter profit.
Rite Aid Corp., down 23 cents at $2.88
The drugstore chain said it had to lower its fiscal 2014 earnings forecast to reflect debt refinancing.
GameStop Corp., up $2.41 at $40.94
Microsoft said users can share games on its Xbox One gaming console, boosting shares of GameStop, which sells new and used games.
Steelcase Inc., down $1.09 at $14.06
The office furniture maker's fiscal first-quarter net income was unchanged as its revenue slipped and operating expenses rose.
Nasdaq
Finisar Corp., up $1.28 at $15.80
The fiber optics products maker said fiscal fourth-quarter net income shrank, but its adjusted results beat analysts' expectations.
ChinaEdu Corp., up 31 cents at $6.15
The online educational services provider received an offer to be taken private from its CEO, valuing the company at about $128.8 million.
Durect Corp., up 14 cents at 97 cents
The drugmaker said that the Food and Drug Administration is reviewing its post-surgery pain treatment Posidur.
Ebix Inc., down $8.72 at $11
Goldman Sachs ended its deal to buy Ebix because the insurance technology provider faces an investigation into alleged misconduct.