Markets Plunge Over Stimulus Concerns

Concerns that economic stimulus measures will soon end sent the markets tumbling to a sharply lower close with the Dow plunging 126 points to 14,995. Nasdaq plummeted 36 points to 3400.

On the upside

Live Nation (NYSE: LYV) won an arbitration proceeding against CTS Eventim.

SGOCO Group (Nasdaq: SGOC) extended its gains.

Royale Energy (Nasdaq: ROYL) drilled a new natural gas well.


On the downside


First Solar (Nasdaq: FSLR) will offer 8.5 million shares of common stock.


Take-Two Interactive (Nasdaq: TTWO) will offer $250 million in senior convertible notes.


Lionsgate (NYSE: LGF) promoted Ron Schwartz to the position of president and general manager of Lionsgate Home Entertainment Sales and Distribution.

In the broad market, declining issues outpaced advancers by a margin of 7 to 2 on the NYSE and by nearly 7 to 3 on Nasdaq. The broader S&P 500 index dropped 13 points to 1612.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.