Allstate and CBS are big market movers
NEW YORK (AP) - Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq stock market:
NYSE
The Allstate Corp., up $2.41 to $62.05
The insurer reported earnings that beat analysts' expectations.
Yum Brands Inc., down 14 cents to $72.31
The owner of KFC and Pizza Hut reported mixed results for its troubled China business, which it is spinning off.
AstraZeneca PLC, down $1.92 to $30.47
The drug developer expects revenue to decline in 2016 as it loses patent exclusivity on the anti-cholesterol drug Crestor.
Credit Suisse Group AG, down $1.80 to $14.89
The financial firm is cutting roughly 4,000 jobs to reduce costs after announcing a massive pre-tax loss in the fourth quarter.
Nasdaq
VirnetX Holding Corp., up $2.27 to $7.06
The patent-holding company won a $625.6 million verdict in a patent infringement lawsuit against Apple Inc.
SolarEdge Technologies Inc., up $2.10 to $29.54
The photovoltaic products maker reported better-than-expected fiscal second-quarter profit and revenue and gave an upbeat outlook.
CBS Corp., up 15 cents to $48.41
Media mogul Summer Redstone resigned as executive chairman of the company amid a courtroom battle over his health.
GoPro Inc., down 93 cents to $9.78
The wearable camera maker reported a surprise fourth-quarter loss on a revenue slowdown and gave a weak revenue forecast.