NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:
Alibaba Group Holding Ltd., down $4.61 to $114.54
China’s e-commerce giant exceeded $9 billion in sales during Singles Day, an event in that country that celebrates the uncommitted.
Swift Energy Co., down 27 cents to $6.18
Due to accounting mistakes, the energy producer will restate recent financial results to show that it had understated its retained earnings.
Darden Restaurants Inc., up $1.41 to $55.72
Shares of the restaurateur hit a 52-week high on an upgrade from KeyBanc, which sees things turning around at Olive Garden.
Ford Motor Co., up 37 cents to $14.37
Production is scheduled to begin on the automaker’s new aluminum-sided F-150, a vehicle that could reset industry standards.
Southwest Airlines Co., up 25 cents to $39.37
Capacity on the airline’s flights is expected to rise by 6 per cent next year, company executives said at an investor day briefing.
Zynga Inc., up 27 cents to $2.75
The online game maker’s mobile business is “large enough to move the needle,” Jefferies analysts said as they upgraded the company’s stock.
Sprouts Farmers Market Inc., down $1.68 to $29.79
The natural and organic foods company announced a public offering of 15 million shares held by current investors.
Threshold Pharmaceuticals Inc., up 32 cents to $3.30
Regulators granted fast-track status for the pharmaceutical’s drug under testing for treating a type of advanced, soft tissue sarcoma.