By Liz Moyer
Investing.com -- Stocks turned positive on Thursday as investors shrugged off weak labor data to end the holiday-shortened trading week on a positive note. Here are the midday movers for April 6.
- Costco Wholesale Corp (NASDAQ:COST) shares fell 2% after the warehouse retailer reported disappointing same-store sales numbers for March. Same-store sales dipped 1.1% last month after rising 3.5% in February.
- AMC Entertainment Holdings Inc (NYSE:AMC) shares jumped 20% after a judge denied the movie theater chain's attempt to accelerate a settlement over the conversion of preferred shares to common stock.
- Constellation Brands Inc (NYSE:STZ) shares rose 1.2% after the spirits, wine, and beer maker raised its dividend and beat expectations for earnings per share, though beer and wine sales were down from the same time last year.
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Bed Bath & Beyond Inc (NASDAQ:BBBY) shares fell 6.9% after it proposed a shareholder vote on a reverse stock split as it continues to maneuver to avoid bankruptcy.
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Lamb Weston Holdings Inc (NYSE:LW) shares rose 2.7% after the maker of frozen french fries and other potato products for the restaurant and retail industries raised its guidance for earnings and sales for the year.