- Associated Press - Tuesday, August 8, 2017

NEW YORK (AP) - Stocks that moved substantially or traded heavily on Tuesday:

Avis Budget Group Inc., down $3.30 to $30.90

The rental car company cut its annual earnings forecast as low prices and rising costs continue to hurt its business.

SeaWorld Entertainment Inc., down 85 cents to $12.76

The theme park company reported weak revenue as it struggles to attract customers, and lowered its annual forecast.

Michael Kors Holdings Ltd., up $8.02 to $45.25

The luxury handbag and clothing company had a better-than-expected first quarter and gave a strong outlook.

Snyder’s-Lance Inc., up $4.18 to $39.08

The snack maker gave a more optimistic annual forecast after it reported its quarterly results.

Marriott International Inc., down $2.22 to $103.95

Analysts said the hotel chain’s North American business is struggling even as its international hotels continue to do well.

Envision Healthcare Corp., up 50 cents to $55.55

The ambulatory surgery center company said it will sell its medical transportation business to KKR.

CVS Health Corp., down 55 cents to $78.57

The drugstore chain and pharmacy benefits manager gave a disappointing forecast for the current quarter.

Albemarle Corp., down $7.67 to $115.41

The specialty chemicals company’s sales fell short of Wall Street expectations.

Depomed Inc., down $3.08 to $6.15

The drugmaker cut its revenue forecast for the year as scrutiny of opioid pain medications affects its sales.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.

 

Click to Read More

Click to Hide