NEW YORK, N.Y. – Stocks that moved substantially or traded heavily on Wednesday:
Yelp Inc., up $4.19 to $36.83
The business review site posted strong quarterly results and raised its revenue projections for the year.
Walt Disney Co., up $1.19 to $97.86
The media giant posted strong results as movies like “Captain America: Civil War” and “Finding Dory” performed well.
Wendy’s Co., down 28 cents to $9.91
The burger chain reported disappointing sales at older stores.
Fossil Group Inc., up 21 to $30.57
The watch and accessories maker’s profit and sales were stronger than expected.
SunPower Corp., down $4.47 to $10.31
The solar products and services company said it will eliminate 1,200 jobs as its power plant business struggles.
Michael Kors Holdings Ltd., down $1.40 to $48.71
The luxury retailer forecast weak sales in the current quarter and cut a key sales projection.
Ralph Lauren Corp., down $8.07 to $103.14
The clothing company’s fiscal first quarter results were better than analysts expected.
Perrigo Co., down $9.09 to $86
The Irish drugmaker lowered its annual earnings guidance, mostly because of growing competition and falling prices for its prescription drugs.