Under Armour, Wynn, Crocs are market movers

Under Armour, Wynn, Crocs, Cliffs Natural are among big market movers Thursday

Associated Press

NEW YORK (AP) -- Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

Under Armour Inc., down $3.69 at $52.93

The athletic clothing maker's third-quarter net income rose 25 percent, but its 2012 revenue forecast was below expectations.

Skechers USA Inc., up 31 cents at $16.92

The shoe designer and retailer said that its net income rose 39 percent as revenue from its wholesale division and its stores grew.

Crocs Inc., down $3.43 at $12.76

The maker of colorful plastic shoe's third-quarter net income rose 49 percent, but its posted disappointing fourth-quarter guidance.

Cliffs Natural Resources Inc., down $4.49 at $38.20

Due to a drop in the price of iron ore and rising costs, the mining company's third-quarter net income fell 86 percent.

Fusion-io Inc., down $2.24 at $25.06

The data center technology provider's first-quarter earnings fell 45 percent. It also posted a weak outlook for the current quarter.

Nasdaq

Wynn Resorts Ltd., up $8.14 at $120.43

The casino operator said third-quarter profit fell nearly 12 percent, but its adjusted earnings still beat expectations.

PSS World Medical Inc., up $6.97 at $28.57

Prescription drug distributor McKesson Corp. is expanding its medical supplies business by buying PSS for about $1.46 billion.

Dunkin' Brands Group Inc., up 56 cents at $31.37

The owner of Dunkin' Donuts and Baskin-Robbins said it nearly quadrupled its third-quarter net income as it cut costs.

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