NEW YORK — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
Ralph Lauren Corp., down $16.38 to $173.13
The luxury retailer's shares suffered their largest decline in more than a year after its outlook implies a weak quarter ahead. Comparable store sales also disappointed some investors.
J.C. Penney Co. Inc., down 48 cents to $12.80
A terrible week for the retailer is intensified by a larger sell-off in the sector. Analysts are now honing in on the amount of money the retailer is burning through and how long that can last.
AOL Inc., up 51 cents to $36.69
The Internet company says it will buy Adap.tv for $405 million to bolster its online-video business.