Zoe’s and Nordstrom rise while Tesla and Nvidia skid

By Associated Press

Stocks that moved substantially or traded heavily Friday:

Nvidia Corp., down $12.62 to $244.82

The chipmaker’s profit forecast fell short of Wall Street forecasts.

Applied Materials Inc., down $3.66 to $43.77

The chipmaking equipment company’s quarterly profit and revenue estimates were lower than analysts expected.

Tesla Inc., down $29.95 to $305.50

The Wall Street Journal said the SEC began investigating Tesla last year, while an interview with CEO Elon Musk raised concerns about his health.

Nordstrom Inc., up $6.90 to $59.18

The department store raised its annual forecasts after a strong second quarter.

Zoe’s Kitchen Inc., up $3.18 to $12.74

The restaurant chain said Cava Group agreed to buy it for $12.75 a share, or $249.9 million.

Deere & Co., up $3.24 to $140.59

The farm equipment maker reported strong sales but said freight and materials costs are still putting pressure on its business.

Pinnacle West Capital Corp., up 57 cents to $82.27

Utilities and other big dividend payers rose as bond yields turned lower Friday.

Accuray Inc., up 35 cents to $3.88

The radiation oncology company forecast stronger sales in the next year than analysts expected.

This article provided by NewsEdge.