General Motors and Lululemon rise while Tech Data tumbles
Stocks that moved substantially or traded heavily Friday:
General Motors Corp., up 82 cents to $37.36
Automakers rose as they reported their sales for the month of August, and GM's grew 7.5 percent.
Lululemon Athletica Inc., up $4.14 to $61.69
The athletic-inspired clothing company gave strong forecasts after a solid second quarter.
Tetra Tech Inc., up 75 cents to $43.35
Investors appear to be betting the consulting and engineering services company will benefit from the post-Harvey cleanup.
L Brands Inc., up $1.24 to $37.46
Clothing retailers rallied in the wake of Lululemon's report.
JPMorgan Chase & Co., up 81 cents to $91.70
Banks jumped Friday as bond yields and interest rates moved higher.
Tech Data Corp., down $22.83 to $87.46
The information technology products distributor's profit was lower than expected, and its forecast for the current quarter was, too.
Palo Alto Networks Inc., up $13.98 to $146.67
The security software company's profit and revenue in the fourth quarter were better than investors anticipated.
Ambarella Inc., down $12.16 to $42.24
The video-compression chipmaker lowered its annual sales forecast.