American Airlines, Perspecta rise; PVH, Lululemon fall
NEW YORK -- Stocks that moved heavily or traded substantially on Friday:
Adobe Inc., up $18.87 to $406.54
The software maker reported strong digital media revenue growth and beat Wall Street's fiscal second-quarter profit forecasts.
PVH Corp., down $3.11 to $49.61
The owner of Calvin Klein and Tommy Hilfiger brands reported a surprisingly big fiscal first-quarter loss.
Lululemon Athletica Inc., down $11.76 to $296.36
The athletic apparel maker reported weak fiscal first-quarter profits and revenue.
Perspecta Inc., up $4.12 to $25.18
Investment firm Jana Partners disclosed a 5.9% stake in the information technology company.
American Airlines Group Inc., up $2.36 to $16.74
The airline said that an increase in passenger bookings during May show an improvement in demand.
Dick's Sporting Goods Inc., up $3.24 to $39.41
The sporting goods retailer is reinstating its dividend and expects all of its stores to be open by the end of June.
Centene Corp., up $1.68 to $61.94
The managed healthcare company raised its full-year profit forecast.
E-Trade Financial Corp., up $1.70 to $47.68
The online brokerage reported a surge in daily trading activity in May.