NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:
The Gap Inc., down $2.65 to $36.83
The retailer reported a decline in sales at stores open at least a year and falling customer traffic.
Safeway Inc., up $2.18 to $33.75
The grocer is giving up on its 72 Dominick’s stores around Chicago to focus on its more profitable businesses in 2014.
Wells Fargo & Co., down 1 cent to $41.43
The bank’s third-quarter profit jumped 13 per cent as a decline in revenue from mortgage lending was offset by reduced expenses and fewer soured loans.
Micron Technology Inc., down $1.59 to $16.84
The flash memory maker’s quarterly profit left some investors wanting, and there is growing concern over memory chip prices.
E2open Inc., down 73 cents to $19.69
The cloud-computing software company slumped after issuing a weak outlook, though it topped expectations for the quarter.
Ariad Pharmaceuticals Inc., down $1.15 to $4.26
The Food and Drug Administration said it is investigating reports of dangerous blood clots with the company’s leukemia drug.
SolarCity Corp., up $8.85 to $47.18
The solar company raised its guidance for 2014 significantly, saying installations could jump to as high as 525 megawatts.
Vivus Inc., up 88 cents to $11.19
Auxilium will sell the company’s impotence drug in the U.S. and Canada in a deal that could be worth more than $300 million.