The markets closed lower with the Dow tumbling 85 points to 18,203 as February auto sales disappointed. Nasdaq fell 28 points to 4,979.
On the upside
Intrexon (NYSE: XON) reversed year ago losses to post a profit for the fourth quarter as revenue quadrupled.
MarketWatch listed Capnia (Nasdaq: CAPN) as one of the most profitable Nasdaq biotech companies.
DTS (Nasdaq: DTSI) reported sharply lower fourth quarter earnings but the results were better than expected.
On the downside
Primoris Services (Nasdaq: PRIM) disappointed with sharply lower fourth quarter earnings that fell far short of analyst expectations.
NorthStar Realty Finance (NYSE: NRF) priced its public offering of 60 million common shares at the discounted price of $18.65 per share.
Nomura downgraded Micron Technology (Nasdaq: MU) from a Buy rating to a Neutral rating.
In the broad market, declining issues outpaced advancers by a margin of more than 7 to 5 on the NYSE and by nearly 2 to 1 on Nasdaq. The broader S&P 500 lost 9 points to 2107. Bitcoin gained $9 to $278.
Lower close as auto sales disappoint
March 03, 2015 at 17:35 PM EST