Renewed concerns about Syria sink stocks

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Renewed concerns about a potential military strike against Syria sent the markets tumbling to a sharply lower close with the Dow plunging 122 points to 24,360. Nasdaq fell 33 points to 7106.


On the upside


Shares of Bellicum Pharmaceuticals (Nasdaq: BLCM) extended its gains. 


FCB Financial Holdings (NYSE: FCB) is exploring a possible sale of the company.


ValuEngine upgraded BJ's Restaurants (Nasdaq: BJRI) from a Hold rating to a Buy rating.

 

On the downside 


Nomura Instinet initiated coverage of Dropbox (Nasdaq: DBX) with a Reduce rating.


Cleveland Research downgraded Arista Network (NYSE: ANET) from a Buy rating to a Neutral rating.


Shares of Allegiant Travel (Nasdaq: ALGT) plunged ahead of a 60 Minutes report that will air this Sunday exposing the safety and maintenance records of the budget airline.


In the broad market, declining issues outpaced advancers by a margin of nearly 4 to 3 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 lost 7 points to 2,656. Bitcoin gained $46 to $7,878


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This page contains a single entry by published on April 13, 2018 2:58 PM.

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