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Yelp and Twitter are big market movers

Created: 07/29/2015 4:52 PM WNYT.com
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NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE

Yelp Inc., down $8.45 to $25.06

The online business review service reported a second-quarter loss and issued a lackluster outlook.

Twitter Inc., down $5.30 to $31.24

The short-messaging service reported better-than-expected second-quarter profit, but raised concerns about audience growth.

CNH Industrial NV, down 42 cents to $8.72

The construction and agriculture machinery maker reported a steep drop in second-quarter profit, falling short of expectations.

GlaxoSmithKline PLC, up 91 cents to $42.62

The drug developer reported a drop in second-quarter profit, but beat forecasts and expects to return to earnings growth in 2016.

Cytec Industries Inc., up $15.80 to $74.19

Belgium's chemical group Solvay is buying the specialty materials and chemicals company for $5.5 billion.

Nasdaq

Gilead Sciences Inc., up $2.64 to $115.71

The biotechnology company reported better-than-expected second-quarter profit and revenue and raised its 2015 sales forecast.

Natural Health Trends Corp., up $9.66 to $34.38

The direct selling company reported a boost in second-quarter profit, increased its dividend and announced a stock buyback plan.

Atmel Corp., down 14 cents to $8.41

The maker of microcontrollers for mobile touch screens reported worse-than-expected second-quarter profit and revenue.

(Copyright 2015 by The Associated Press. All Rights Reserved.)

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