Express and TurboTax maker Intuit sink on weak forecasts
NEW YORK (AP) - Stocks that moved substantially or traded heavily on Wednesday:
Express Inc., down $4.09 to $11.94
The maker of clothing for young adults slashed its full-year forecast.
Intuit Inc., down $3.99 to $109.85
The marker of TurboTax and QuickBooks software released forecasts that fell below analysts' expectations.
Freeport-McMoRan Inc., down 90 cents to $11.08
Metals and mining stocks took hefty losses following disappointing results from the European mining giant Glencore.
Anadarko Petroleum Corp., down $1.89 to $54.16
Energy companies took another tumble as the price of crude oil continued to fall.
La-Z-Boy Inc., down $3.96 to $27.24
The furniture maker reported earnings and revenue that fell short of analysts' forecasts.
KLX Inc., up 2 cents to $36.95
The maker of aerospace fasteners and other products reported results that beat analysts' forecasts.
Lannett Co., up $4.43 to $36.75
The maker of generic pharmaceuticals reported results that were far better than investors were expecting.
Fitbit Inc., down 7 cents to $14.81
The maker of wearable fitness trackers announced that the International Trade Commission found in the company's favor in a complaint brought by Jawbone.