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BlackBerry and Apple are big market movers

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September 23, 2013 05:25 PM EST | AP


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

NYSE

Citigroup, down $1.64 to $49.57

The Financial Times reported the bank experienced a drop in trading revenue, a report that weighed on other bank stocks as well.

Pandora Media Inc., down $2.73 to $24.26

The Internet radio company is feeling a lot of pressure from Apple, which introduced a competing service called iRadio.

J.C. Penney Co. Inc., down 60 cents to $12.36

CNBC reported that the struggling retailer has met with banks to determine how it can raise more money.

Walgreen Co., up 71 cents to $56.23

The drug store chain announced it will shift more responsibility for insurance to employees, and Morgan Stanley follows with an upgrade.

Sealed Air Corp., down $1.55 to $27.01

Barclays downgraded its rating on the food safety company and maker of Bubble Wrap to "Equal Weight" from "Overweight."

Nasdaq

Apple Inc., up $23.23 to $490.64

Demand for the new iPhone 5s exceeded supply and the tech giant says the iOS 7 was the fastest software upgrade in company history.

BlackBerry Ltd., up 10 cents to $8.82

The smartphone maker says that it is selling itself to one of its biggest shareholders, Fairfax Financial, after latest phone flops.

L&L Energy Inc., down 17 cents to $1.09

The energy company formed a special committee to clear up allegations made on the GeoInvesting blog that it's cooking its books.