Vitamin Shoppe, Fossil, Akorn are big movers
Vitamin Shoppe, Fossil, Akorn, Aruba Networks are big market movers on Tuesday
NEW YORK (AP) -- Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
Vitamin Shoppe Inc., down $4.08 at $45.23
The vitamins seller revised its full-year forecast for revenue at stores open a year, citing weaker-than-expected April sales.
Regis Corp., up 4 cents at $18.93
The hair salon operator, owner of Supercuts and MasterCuts, posted a fiscal third-quarter profit versus a loss a year ago.
Molson Coors Brewing Co., down 25 cents at $50.72
The brewer said its net income dropped 55 percent during the first quarter, as it invested more in its beer brands.
Nasdaq
Akorn Inc., down $1.13 at $14.02
The generic drugmaker's first quarter results missed Wall Street expectations. It also cut its forecast for 2013 earnings and revenue.
Fossil Inc., up $8.92 at $107.88
Thanks to stronger sales, the maker of watches and handbags said its earnings rose 24 percent during the first quarter.
Ariad Pharmaceuticals Inc., up 20 cents at $17.55
The drugmaker said revenue from its leukemia pill Iclusig, its first approved drug, surpassed Wall Street's expectations.
The Pantry Inc., down $1.57 at $13.27
The convenience store operator said its fiscal second-quarter loss narrowed, but the results missed Wall Street's estimates.
Aruba Networks Inc., down $5.03 at $17.02
The wireless communications company nearly halved its third-quarter adjusted profit expectations and cut its outlook for revenue.