Google, Hertz, United Continental and Terex are big market movers
Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
Hertz Global Holdings Inc., down 62 cents to $16.50
The rental car company, which is working to cut costs, said that its profit and revenue fell during the second quarter.
United Continental Holdings Inc., up 72 cents to $57.87
United Airlines said passengers flew more miles and left fewer seats empty in July compared with the same month a year ago.
Terex Corp., up $4.95 to $26.78
The crane maker is merging with Finnish rival Konecranes in an all-stock deal. The new company will be called Konecranes Terex PLC.
The Gap Inc., up 19 cents to $35.45
The retailer, which is struggling to overhaul its namesake brand, posted a second-quarter earnings forecast that was below expectations.
Nasdaq
Google Inc., up $27.16 to $690.30
The Internet search company is creating a holding company called Alphabet containing Google, research projects and other businesses.
Symantec Corp., down $1.57 to $21.34
The cybersecurity company is selling its Veritas information management business for $8 billion to The Carlyle Group and GIC.
Red Robin Gourmet Burgers Inc., down $8.16 to $80.15
The casual restaurant chain's second-quarter earnings beat Wall Street expectations, but its revenue for the quarter did not.
SFX Entertainment Inc., down 2 cents to $2.34
The electronic dance music promoter posted a wider second-quarter loss, but its revenue grew 48 percent from a year ago.