Kate Spade, Flowers Foods, Caesars Entertainment, and Exact Sciences are big market movers

0

NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE

Kate Spade & Co., down $9.87 to $29

Executives at the handbag and accessories maker warned that sales growth would slow this year.

Flowers Foods Inc., down 91 cents to $19.10

The commercial bakery company reported worse-than-expected quarterly financial results and lowered its annual profit guidance.

Nasdaq

Caesars Entertainment Corp., down 89 cents to $12.78

The casino operator reported worse-than-expected quarterly results on higher interest expenses and a weak gambling market.

Electronic Arts Inc., up 48 cents to $35.55

The video game publisher announced it would expand a popular video game subscription service to international markets.

Exact Sciences Corp., up 37 cents to $17.46

The Food and Drug Administration approved the molecular diagnostics company’s noninvasive colon cancer screening test, Cologuard.

Nuance Communications Inc., down $1.63 to $16.47

The speech recognition software maker reported a wider third-quarter loss and lower-than-expected fourth-quarter guidance.

Intercept Pharmaceuticals Inc., up $39.34 to $276.52

The biotechnology company released positive mid-stage study results for its developing chronic liver disease treatment.

Dendreon Corp., down 72 cents to $1.40

The drug developer warned shareholders that it has debt worries, and it is considering alternatives that could wipe out their ownership.

Leave a comment

Your email address will not be published. Required fields are marked *