May 19 (Bloomberg) -- Shares of the following companies had unusual moves in U.S. trading. Stock symbols are in parentheses, and prices are as of 4 p.m. in New York.
Advance Auto Parts Inc. (AAP US) fell 10 percent to $63.49, the second-biggest retreat in the Russell 1000 Index. The auto parts retailer reported first-quarter profit of $1.35 a share, missing the average analyst estimate by 2 cents.
Big Lots Inc. (BIG US) slumped 11 percent to $33.77 for the biggest retreat in the Standard & Poor’s 500 Index. The discount retailer decided not to sell itself after failing to get satisfactory bids from private-equity firms, the Wall Street Journal reported, citing people familiar with the matter.
Buckle Inc. (BKE US) fell 14 percent, the most since August 2009, to $41.19. The teen retailer reported first-quarter profit of 71 cents a share, missing the 73-cent average estimate from analysts in a Bloomberg survey.
Country Style Cooking Restaurant Chain Co. (CCSC US) tumbled 30 percent to $11.70, the lowest price since it went public in September. The operator of fast-food outlets in China reported first-quarter profit that missed the average analyst estimate. Bank of America Corp. cut the stock’s rating to “underperform” from “neutral.”
Green Dot Corp. (GDOT US) fell 4.6 percent to $38.56 for its biggest decline since May 5. Monrovia, California-based Green Dot is among five prepaid debit card companies being probed for possible alleged deceptive and unfair practices, the Florida Attorney General’s office said.
Intel Corp. (INTC US) fell 1.4 percent to $23.54 for the biggest decline in the Dow Jones Industrial Average. The world’s largest chipmaker, KLA-Tencor Corp. (KLAC US) and Applied Materials Inc. (AMAT US) were downgraded by Goldman Sachs Group Inc., which cited increased competition from tablet computers and excess supply.
KLA-Tencor dropped 3.8 percent to $41.21. Applied Materials declined 1.2 percent to $14.33.
Limited Brands Inc. (LTD US) declined 3.9 percent, the most since Dec. 3, to $40.81. The clothing retailer that owns Victoria’s Secret and Bath & Body Works forecast second-quarter earnings of as little as 38 cents a share, falling short of the 43-cent average estimate by analysts.
LinkedIn Corp. (LNKD US) surged 109 percent to $94.25 on the first day of trading. The largest professional-networking website sold 7.84 million shares at $45 each in an initial public offering.
Network Engines Inc. (NEI US) sank 24 percent, the most since July 29 to $1.20. The provider of server-based application platforms said its largest customer, EMC Corp., plans to “dual source” the Avamar line beginning in the quarter ending Sept. 30, which will cut up to $7 million in revenue and as much as $700,000 in net income related to Avamar for the same quarter.
PetSmart Inc. (PETM US) rose 7.6 percent to $45.71 for the second-biggest rally in the Russell 1000 Index. The pet-store chain said profit in the first-quarter was 61 cents a share, exceeding the average analyst estimate of 55 cents.
PURE Bioscience Inc. (PURE US) rallied 21 percent to $1.25, the biggest gain in the Russell 2000 Index. The company said preliminary results showed the antimicrobial SDC was effective against biofilm in tests conducted by the University of Medicine & Dentistry of New Jersey.
Smart Technologies Inc. (SMT US) tumbled 28 percent to $7.01, the lowest price since its initial public offering in July. The producer of interactive whiteboards used in classrooms forecast revenue in fiscal 2012 to fall as much as 5 percent.
Tesla Motors Inc. (TSLA US) jumped 7 percent, the most since March 31, to $28.20. The electric-car maker was named as a partner in the Department of Energy’s U.S. Drive partnership to advance the development of clean, energy-efficient technologies for cars.
Thermo Fisher Scientific Inc. (TMO US) gained 4.2 percent to $65.38 for the biggest advance in the S&P 500. The world’s largest maker of laboratory instruments agreed to buy Swedish diagnostics company Phadia AB for 2.47 billion euros ($3.5 billion) to grow in testing for allergies and autoimmune diseases. Thermo said the accord will add immediately to adjusted profit and contribute as much as 30 cents a share next year.
Tidewater Inc. (TDW US) slumped 6.4 percent, the most since Feb. 4, to $53.46. The operator of supply ships for oil drillers said in a conference call that first quarter revenue will be no more than $250 million, below the average analyst estimate of $267.1 million.
Toro Co. (TTC US) added 6.5 percent, the most since May 2010, to $67.12. The maker of lawnmowers and golf-course maintenance equipment boosted its full-year earnings forecast to $3.60 a share. That’s higher than the average analyst estimate of $3.46 in a Bloomberg survey.
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