Apple, Lowe's, Best Buy are market moversThe Associated Press
NEW YORK -- Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:
Best Buy Co. Inc., down $2.11 at $18.16
The electronics chain named Hubert Joly, the head of hospitality company Carlson and a turnaround expert, as its new CEO.
Aetna Inc., up $2.14 at $40.18
The health insurer said it will buy rival Coventry Health Care Inc. for $5.7 billion in order to bolster its Medicaid enrollment.
Lowe's Cos. Inc., down $1.61 at $26.26
The home improvement retailer said that its second-quarter net income fell 10 percent. Its results missed Wall Street expectations.
Apple Inc., up $17.04 at $665.15
The iPhone maker became the world's most valuable company ever after its rising stock pushed the company's value to $621 billion.
ZAGG Inc., down $1.12 at $7.30
Robert Pedersen, the chairman and CEO of the cellphone and tablet accessory maker, left the company without providing a reason.
PhotoMedex Inc., up 67 cents at $11.60
The skin-care products maker said that its board of directors approved the repurchase of up to $25 million in company stock.
Bebe Stores Inc., down 59 cents at $5.68
The women's clothing retailer said that the company's president, Emilia Fabricant, resigned from the company for personal reasons.
Hibbett Sports Inc., down $2.95 at $56.27
A Raymond James analyst downgraded the sporting goods retailer to "Market Perform" from "Outperform" citing its high stock price.