Facebook, Nielsen Plunge; Supervalu, Qualcomm Rise

NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday: Facebook Inc., down $41.24 to $176.26 The social media company reported slower user growth as it grapples with privacy scandals and warned of slowing revenue growth ahead. Nielsen Holdings PLC, down $7.46 to $22.11 The media and marketing information company reported earnings that fell short of analysts' estimates and said its CEO would leave by the end of the year. Supervalu Inc., up $12.72 to $32.17 The grocery store operator agreed to be acquired by United Natural Foods for $1.3 billion. Qualcomm Inc., up $4.16 to $63.58 The chipmaker reported earnings that beat analysts' expectations and said it would abandon a bid to acquire NXP. Mattel Inc., down 68 cents to $15.61 The maker of Barbie and Hot Wheels reported a loss that was larger than analysts were expecting and said it would eliminate more than 2,200 jobs. Ford Motor Co., down 63 cents to $9.89 The company reported a sharp drop in profits and said it would undertake a restructuring that will cost $11 billion over the next three to five years. Arconic Inc., up $2.12 to $21.38 The Wall Street Journal reported that the company is considering takeover approaches from at least two private-equity groups. D.R.

 

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