Celgene, Dave & Buster's slide while Kohl's and Crocs rise
Updated 4:35 pm, Monday, January 8, 2018
NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday:
Kohl's Corp., up $2.54 to $56.90
The department store chain raised its annual profit forecast after announcing strong holiday sales.
Nvidia Corp., up $6.60 to $222
The chipmaker said it will work with Uber to develop the computing system for a fleet of autonomous cars.
GoPro Inc., down 96 cents to $6.56
The action camera maker said demand was weak over the holidays, and said it's lowering its forecast and cutting jobs.
Celgene Corp., down 81 cents to $104.18
The biotech drugmaker said it will buy Impact Biomedicines for $1.1 billion, with up to $5.9 billion in other potential payments.
NuVasive Inc., down $5.45 to $55.56
The spinal device maker gave a disappointing forecast for 2018.
Crocs Inc., up $1.03 to $13.23
The shoe company raised its sales forecast for the fourth quarter and said profit margins were also better than expected.
Lululemon Atheltica Inc., down 39 cents to $79.04
The athletic wear company raised its sales forecast for the fourth quarter.
Dave & Buster's Entertainment Inc., down $12.58 to $43.79
The restaurant and arcade chain said sales worsened in December and it cut its income and sales forecasts.