Financial News

Mixed close over earnings

It was a mixed close with Dow dropping 85 points to 17,949 while Nasdaq gained 19 points to 5,014 over a mixed bag of corporate earnings.

On the upside

Bargain hunters continued to lift shares of Viggle (Nasdaq: VGGL).

Allegheny Technologies (NYSE: ATI) swung to a profit for the first quarter as revenue rose.

Advaxis (Nasdaq: ADXS) reported positive data from two preclinical studies of ADXS-HPV and upbeat preliminary data from on ongoing Phase 1 trial of ADXS-HER2.

On the downside

Gulfmark Offshore (NYSE: GLF) fell to a loss as revenue dropped more than expected and the company forecast current quarter revenue below estimates.

Flotek Industries (NYSE: FTK) warned of losses for the first quarter as revenue fell.

Investors locked in profits on Nymox Pharmaceuticals (Nasdaq: NYMX).

In the broad market, advancing issues barely edged out decliners by a slim margin on the NYSE while decliners edged out advancers on Nasdaq. The broader S&P 500 slipped 3 points to 2097. Bitcoin gained $8 to $231.
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