SunPower and Perrigo skid while Disney and Yelp climb

NEW YORK, N.Y. – Stocks that moved substantially or traded heavily on Wednesday:

Yelp Inc., up $4.19 to $36.83

The business review site posted strong quarterly results and raised its revenue projections for the year.

Walt Disney Co., up $1.19 to $97.86

The media giant posted strong results as movies like “Captain America: Civil War” and “Finding Dory” performed well.

Wendy’s Co., down 28 cents to $9.91

The burger chain reported disappointing sales at older stores.

Fossil Group Inc., up 21 to $30.57

The watch and accessories maker’s profit and sales were stronger than expected.

SunPower Corp., down $4.47 to $10.31

The solar products and services company said it will eliminate 1,200 jobs as its power plant business struggles.

Michael Kors Holdings Ltd., down $1.40 to $48.71

The luxury retailer forecast weak sales in the current quarter and cut a key sales projection.

Ralph Lauren Corp., down $8.07 to $103.14

The clothing company’s fiscal first quarter results were better than analysts expected.

Perrigo Co., down $9.09 to $86

The Irish drugmaker lowered its annual earnings guidance, mostly because of growing competition and falling prices for its prescription drugs.