Job openings rise but markets slip

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Job openings rose in February but the markets closed modestly lower with the Dow slipping 6 points to 20,651 over geopolitical concerns. Nasdaq lost 14 points to 5,866. 


On the upside


WFM wrote that Payment Data Systems (Nasdaq: PYDS) has adopted a number of changes that to ensure long term profitability.


Windtree Therapeutics' (Nasdaq: WINT) AEROSURF Phase 2b independent Data Safety Monitoring Board completed its second and final interim safety review and has recommended that the trial continue without modification.


Wireless connectivity modules maker Wisol will use Sequans Communications' (NYSE: SQNS) Monarch LTE Cat M1/NB1 chip, Calliope LTE Cat 1 chipset, and Colibri LTE Cat 4 chipset to design a new family of modules for M2M and IoT applications.


On the downside


Avinger (Nasdaq: AVGR) warned of lower first quarter revenue, announced a 33% cut to its workforce, and initiated a review of strategic alternatives to improve shareholder value.


DryShips (Nasdaq: DRYS) will amend its revolving credit facility with Sifnos Shareholders.

 

Hub Group (Nasdaq: HUBG) forecast first quarter earnings that fell far short of analyst expectations.


In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 3 on the NYSE and by 9 to 7 on Nasdaq. The broader S&P 500 index lost 3 points to 2,353. Bitcoin soared $20 to $1215.


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