NEW YORK, N.Y. – Stocks that moved substantially or traded heavily on Friday:
Citigroup Inc., down $1.58 to $45.39
Banks tumbled as investors anticipated that the Federal Reserve won’t raise interest rates as soon as they’d hoped.
Newmont Mining Corp., up $3.05 to $35.40
Metals companies traded higher as the price of gold and other precious metals jumped.
Amazon.com Inc., down $2.70 to $725.54
Consumer stocks like Amazon also fell as investors worried Americans will curtail their shopping and spending if the economy slows.
Zumiez Inc., down 64 cents to $14.42
The clothing retailer said sales at older stores slumped in the fiscal first quarter.
Cooper Cos., down $2.02 to $165.40
The surgical product and contact lens maker raised its annual projections after it issued a stronger-than-expected quarterly report.
Broadcom Corp., up $7.65 to $162.56
The communications chip maker posted a bigger-than-expected profit in its fiscal second quarter.
Gap Inc., up 76 cents to $19.09
The retailer said its sales fell in May, but the results were better than analysts expected.
Ambarella Inc., up $3.99 to $46.47
The video compression chip maker’s profit and revenue were greater than expected.