Rite Aid, AOL, Pier 1, PepsiCo and Ballard Power are big market movers

NEW YORK – Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE

Rite Aid Corp., up 50 cents to $8.08

The drugstore operator is expanding into managing pharmacy benefits with the $2 billion cash-and-stock purchase of EnvisionRx.

Pier 1 Imports Inc., down $4.13 to $12.84

The home decor retailer cut its forecast for its fiscal year ending in February, citing soft sales, and said CFO Cary Turner is retiring.

AOL Inc., down $4.61 to $40.22

The Internet company reported better-than-expected fourth-quarter profit, but its revenue for the period fell short of forecasts.

PepsiCo Inc., up $2.41 to $100.40

The beverage and snack company reported better-than-expected results, partly on strong sales of Frito-Lay snacks.

Nasdaq

Ballard Power Systems Inc., up $1.02 to $2.71

The fuel cell maker announced an $80 million deal with Volkswagen for automotive fuel cell technology and engineering services.

Sangamo BioSciences Inc., up $1.26 to $13.93

The biotechnology company reported better-than-expected fourth-quarter results and a positive outlook for 2015.

Marketo Inc., down $6.86 to $28.52

The provider of cloud-based marketing software reported better-than-expected results, but gave a mixed outlook.

Jive Software Inc., down 80 cents to $5.29

The business software maker named a new CEO and reported better-than-expected results, but its outlook fell short.