News

Zulily, Macy's, InterMune, LinkedIn and Office Depot are big market movers

NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE

Vitamin Shoppe Inc., up $3.36 to $45.33

The retailer topped Wall Street expectations for profit and revenue during the fourth quarter and its sales at stores open at least a year grew.

Office Depot Inc., down 47 cents to $4.88

Losses widened as the office supply retailer continues to integrate OfficeMax, an acquisition it completed in November.

Macy’s Inc., up $3.19 to $56.25

Fourth-quarter profit rose 11 per cent as the department store wrestled with terrible winter weather in much of the country.

Tenet Healthcare Corp., down $4.40 to $43.93

The hospital operator posted a loss in the fourth quarter as it took on more debt because of an acquisition and a stock repurchase.

LinkedIn Corp., up $10.25 to $209.84

The professional networking service is launching a Chinese-language website for the world’s most populous Internet market.

Nasdaq

Zulily Inc., up $15.57 to $58.41

Revenue doubled over the past three months at the newly public e-commerce clothing company that markets to mothers and children.

Tesla Motors Inc., up $30.35 to $248

The electric car company’s Model S sedan is Consumer Reports’ top pick in this year’s automotive rankings. Morgan Stanley jacks its price target on the stock to $320 from $153.

InterMune Inc., up $23.84 to $37.80

A drug to treat a fatal lung disease met the pharmaceutical company’s goals in a study, which may lead to market approval from regulators.