Chevron and Zillow advance while Ralph Lauren skids
NEW YORK (AP) - Stocks that moved substantially or traded heavily on Tuesday:
Zillow Group Inc., up $1.74 to $32.07
The real estate website said it will pay $130 million to settle a lawsuit with Move Inc. and others.
United Natural Foods Inc., up $5.45 to $44.28
The organic and specialty foods distributor raised its annual guidance after posting a larger-than-expected profit in its fiscal third quarter.
Chevron Corp., up $2.15 to $103.32
Energy companies traded higher as the price of oil continued to rise.
Ralph Lauren Corp., down $2.27 to $94.06
The clothing company will close stores and cut jobs as part of a restructuring intended to save about $200 million a year.
Alexion Pharmaceuticals Inc., down $16.86 to $138.13
Alexion said a study of its drug Soliris failed in a clinical trial.
Verizon Communications Inc., up $1.04 to $51.75
Phone company stocks gained ground as bond prices rose and yields decreased.
Biogen Inc., down $36.98 to $252.86
The company said an experimental multiple sclerosis drug, opicinumab, failed in a mid-stage clinical trial.
Valeant Pharmaceuticals International Inc., down $4.21 to $24.64
The Canadian drugmaker said it took a loss in its latest quarter and cut its annual guidance.