Mixed open as crude oil prices ease

|

The markets opened mixed with the Dow adding 19 points to 24,758 while Nasdaq lost 11 points to 7393 as crude oil prices eased.


On the upside


The Trade Desk (Nasdaq: TTD) reported sharply higher first quarter earnings that beat expectations.


Uniti Group (Nasdaq: UNIT) narrowed first quarter losses as revenue rose.


Weight Watchers (NYSE: WTW) priced its secondary offering of 7.5 million common shares at $69.00 per share.

 

On the downside 


Symantec (Nasdaq: SYMC) initiated an internal investigation which may delay the release of its annual report prompting downgrades.


Intrexon (NYSE: XON) widened first quarter losses as revenue fell.


Yelp (NYSE: YELP) reported a loss for the first quarter.


In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on the NYSE and by more than 3 to 2 on Nasdaq. The broader S&P 500 eased a point to 2,722. Bitcoin crashed $544 to $8,546.


About this Entry

This page contains a single entry by published on May 11, 2018 6:53 AM.

Markets soar on mild inflation was the previous entry in this blog.

Boring Company nearly finished constructing underground tunnel 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