Sears, Google, Cree are big movers
Sears, Google, Cree, Walgreen, Zoltek are big market movers on Tuesday
NEW YORK (AP) -- Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
Walgreen Co. (WAG), down $1.05 at $40.72
The Deerfield, Ill.-based drugstore chain said that sales from stores open at least a year fell 0.6 percent in February.
Nautilus Inc. (NLS), up 73 cents at $6.69
The fitness equipment maker posted strong fourth-quarter results, saying that earnings more than quadrupled to $13.6 million.
NASDAQ
Google Inc. (GOOG), up $17.10 at $838.60
A Jefferies analyst reiterated his "Buy" rating on the Internet search company and said that its stock price might reach $1,000.
Sears Holdings Corp. (SHLD), up $2.46 at $46.63
The retailer's chairman and CEO, Edward Lampert, disclosed that he bought another 1.24 million shares of the company's common stock.
Zoltek Cos. Inc. (ZOLT), up $1.27 at $10.52
A group of investors disclosed a minority stake in the carbon fiber maker and requested a shareholder meeting to oust the company board.
Cree Inc. (CREE), up $6.44 at $51.16
The maker of light-emitting diode products introduced a new LED bulb and expects higher third-quarter revenue and net income.
Acura Pharmaceuticals Inc. (ACUR), up 99 cents at $3.04
Kerr Drug store chain will carry Acura's drug Nexafed, a decongestant that is designed to be difficult to make into methamphetamine.
Dyax Corp. (DYAX), up 64 cents at $3.91
A Jefferies analyst initiated coverage of the biopharmaceutical company with a "Buy" rating, citing its long-term sales growth.