Priceline and Glu Mobile slump, ICE and Zillow jump
NEW YORK (AP) - Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq stock market:
NYSE
IntercontinentalExchange Inc., up $17.51 to $258.49
The operator of the New York Stock Exchange said it doesn't plan to make an offer for London Stock Exchange Group.
Time Warner Inc., up $1.16 to $74.80
The media company reported a larger quarterly profit thanks to strong growth at Turner and HBO.
Zillow Group Inc., $3.02 to $28.08
The real estate website operator raised its projections for the year after it posted strong sales in the first quarter.
Nasdaq
Priceline Group Inc., down $101.60 to $1,253.04
Investors were disappointed with the travel booking site's projections for the current quarter.
Glu Mobile Inc., down 37 cents to $2.30
The mobile games company cut its annual estimates and said it will eliminate 85 jobs, or about 11 percent of its staff.
Avis Budget Group Inc., up $1.47 to $25.01
The rental car company raised its revenue forecast for the year.
Nutrisystem Inc., up $3 to $25.76
The weight-loss company raised its annual guidance after its first-quarter profit and revenue were stronger than expected.
Big 5 Sporting Goods Corp., down $2.62 to $9.50
The sporting goods retailer said warm weather hurt its sales of winter products and sales non-winter items weren't as strong as it expected.