Delta, Walgreen, Diedrich Coffee Are Big Movers

The Associated Press

NEW YORK (AP) ¿ The following stocks were among those that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE:

Delta Air Lines Inc., up 67 cents to $9.29

A Delta executive said the carrier would be careful to keep capacity on pace with demand and urged other airlines to do the same.

GameStop Corp., down $1.97 at $21.87

Wal-Mart is offering deals on video games and the Nintendo Wii leading up the holidays, which could undercut GameStop's sales.

Walgreen Co., down $1.17 at $38.20

The drug store operator posted disappointing November sales. Analysts said plans to improve stores and product lines are hurting results.

Newpark Resources Inc., up 51 cents at $3.16

A Raymond James analyst upgraded the company, which treats and disposes of oilfield waste, to "outperform" on prospects of higher profits.

Constellation Brands Inc., down 48 cents at $16.77

A Goldman Sachs analyst downgraded the wine and spirits company to "sell," saying consumers are spending less on alcohol.

NASDAQ:

Diedrich Coffee Inc., up $1.16 at $35.13

The coffee company is the target of a bidding war between Green Mountain Coffee Roasters Inc. and Peet's Coffee & Tea Inc.

Dyax Corp., up 73 cents at $4.23

It received Food and Drug Administration approval to market Kalbitor for treatment of the genetic disorder hereditary angioedema.

Santarus Inc., up 37 cents at $4.66

The Food and Drug Administration approved Merck's over-the-counter version of the Santarus prescription heartburn drug Zegerid.

Copyright 2009 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

More from Investing

12 Stocks That Make Up the GLUM Index

12 Stocks That Make Up the GLUM Index

REPLAY: Jim Cramer on Tariff Worries, Oil, Alphabet and Centene

REPLAY: Jim Cramer on Tariff Worries, Oil, Alphabet and Centene

Worth a Stunning $6.6 Trillion, Tech Stocks Have Taken Over the Market

Worth a Stunning $6.6 Trillion, Tech Stocks Have Taken Over the Market

Video: Athens Stock Exchange CEO on What's Next for Greece's Debt Woes

Video: Athens Stock Exchange CEO on What's Next for Greece's Debt Woes

Here's Why Snap Shares Climbed Monday

Here's Why Snap Shares Climbed Monday