Target, Coach, RetailMeNot, Bloomin' Brands, and Chegg are big market movers

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


Target Corp., down $2.67 to $58.03

The retailer lowered its second-quarter forecast, citing promotional discounts to attract shoppers in the wake of a data breach.

Coach Inc., up $1.49 to $35.80

The handbag and accessories company reported fourth-quarter profit and revenue above Wall Street expectations.

Chegg Inc., up $1.21 to $7.10

The textbook company reported better-than-expected quarterly financial results and signed a partnership deal with Ingram Content.

Cobalt International Energy Inc., down $1.75 to $14.22

The energy exploration and production company reported a wider-than-expected second-quarter loss on higher operating costs.


RetailMeNot Inc., down $7.15 to $18.15

The digital coupon company reported a drop in its second-quarter profit and the financial results fell short of expectations.

Bloomin’ Brands Inc., down $4.75 to $15.06

The operator of Outback Steakhouse restaurants lowered its financial forecast after reporting a decline in second-quarter profit.

Ironwood Pharmaceuticals Inc., down $1.39 to $13.46

The drug developer narrowed its second-quarter loss, but the financial results fell short of Wall Street expectations.

GT Advanced Technologies Inc., up 95 cents to $15.08

The solar and LED technology company improved its full-year profit forecast, which now exceeds Wall Street expectations.