RISERS
Apple (NASDAQ:AAPL) gained 2.8% to $117.80. The world’s largest technology company posted quarterly earnings and revenue that exceeded analysts' expectations, boosted by strong iPhone growth in China.
Northrop Grumman (NYSE:NOC) gained 5.5% to $190.18. The maker of the stealth B-2 bomber won a $21.4bn contract from the Pentagon to develop and build a next-generation long-range strike bomber.
FALLERS
Walgreens Boots Alliance (NASDAQ:WBA) tumbled 10.8% to $84.89 after agreeing to acquire Rite Aid (NYSE:RAD) in a $17.2bn and even as it reported profit that topped analysts’ estimates in its fourth quarter. Rite Aid surrendered 7.3% to $8.04.
Snyder's-Lance (NASDAQ:LNCE) slumped 10.8% to $32.18 after the snack food maker said it would buy Diamond Foods (NASDAQ:DMND) for about $1.27bn to expand in the "better-for-you" foods category, which includes baked potato chips and fat-free popcorn. Shares of Diamond Foods rose 5.8% to $36.92.
Twitter (NYSE:TWTR) fell 0.7% to $31.12, paring earlier losses, after the microblogging company issued downbeat revenue guidance and reported slower user growth than anticipated.
Hershey (NYSE:HSY) sank 6% to $88.63 after the chocolate maker cut its full-year profit forecast, hurt by weak demand in North America and higher marketing costs ahead of the holiday season.