Nordstrom and Gap gain while Tesla and Pure Storage slide
Stocks that moved substantially or traded heavily on Friday:
Nordstrom Inc., up $3.63 to $37.95
The high-end retailer reported earnings that blew past Wall Street analysts’ forecasts.
Tesla Inc., down $21.79 to $333.04
Investors had concerns about the company’s entry into the highly competitive market for pickup trucks.
Gap Inc., up 72 cents to $16.94
Two weeks after ousting its CEO, the struggling retailer reported earnings that slightly beat forecasts.
Hibbett Sports Inc., up $3.67 to $28.69
The sporting goods retailer’s earnings and sales easily beat forecasts.
Pure Storage Inc., down $2.99 to $16.86
The data storage company’s revenue in the latest quarter came in far short of what Wall Street analysts were expecting.
J.M. Smucker Co., up $4.25 to $108.40
The food maker’s earnings easily beat analysts’ forecasts.
Splunk Inc., up $13.66 to $140.50
The company, which makes software that helps companies analyze internal data, posted better-than-expected results.
Enanta Pharmaceuticals Inc., down $2.77 to $60.74
The biotechnology company reported profit and revenue in its latest quarter that fell well short of analysts’ estimates.