Markets lower at midday

The markets traded lower during the midday with the Dow losing 61 points to 17,671. Nasdaq tumbled 41 points to 4,803.


On the upside


The U.S. Consumer Product Safety Commission ruled that a full recall of Lumber Liquidators' (NYSE: LL) laminate flooring that was made in China was not necessary.


Teekay Offshore Partners (NYSE: TOO) announced a private placement of $200 million of equity securities.

Sky Solar Holdings (Nasdaq: SKYS) reported a smaller than expected loss for the first quarter.


On the downside


Innocoll Holdings (Nasdaq: INNL) priced its public offering of 5.725 million common shares at the discounted price of $7.00 per share.


Investors locked in profits on Violin Memory (NYSE: VMEM).


GlycoMimetics (Nasdaq: GLYC) priced its public offering of 3.3 million common shares at the discounted price of $6.10.

In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 5 on the NYSE while decliners edged out advancers by more than 9 to 7 on Nasdaq. The broader S&P 500 lost 6 points to 2,071. Bitcoin tumbled $17 to $736.

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.