Flat open as crude oil prices slip


The markets opened flat with the Dow adding 3 points to 20,582 as crude oil prices edged down. Nasdaq held steady at 5,916.

On the upside

China Digital TV Holding (NYSE: STV) declared a special cash dividend of $1.50 per share of common stock.

Aurinia Pharmaceuticals (Nasdaq: AUPH) announced additional 48-week data from its Phase IIb AURA-LV study in lupus nephritis.

Proofpoint (Nasdaq: PFPT) narrowed first quarter losses more than expected.

On the downside

Mattel (Nasdaq: MAT) widened first quarter losses more than expected as revenue fell.

The European Medicines Agency issued a negative "trend" vote for XBiotech's (Nasdaq: XBIT) marketing authorization application for its candidate antibody for the treatment of colorectal cancer.


Adamis Pharmaceuticals (Nasdaq: ADMP) priced its public offering of approximately 4.285 million common shares at the discounted $3.50 per share.

In the broad market, declining issues outpaced advancers by a margin of 9 to 7 on the NYSE and by nearly 5 to 4 on Nasdaq. The broader S&P 500 index slipped 2 points to 2,353. Bitcoin gained $8 to $1237.

About this Entry

This page contains a single entry by published on April 21, 2017 6:49 AM.

Markets surge on upbeat earnings was the previous entry in this blog.

3-years probation for Volkswagen is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.

Powered by Movable Type 5.12