European concerns sink stocks

Concerns about slowing growth in Europe sent the markets tumbling to a sharply lower open with the Dow plummeting 113 points to 16,878. Nasdaq dropped 27 points to 4,427.

On the upside

Shares of hazmat suit maker Lakeland Industries (Nasdaq: LAKE) climbed after Spain reported yesterday the first case of Ebola that was contracted outside of Africa.

CalAmp (Nasdaq: CAMP) reported higher second quarter earnings that topped analyst estimates.

The first patient to be diagnosed with Ebola in the United States began treatment with the experimental drug brincidofovir developed by Chimerix (Nasdaq: CMRX).

On the downside

SodaStream International (Nasdaq: SODA) reported preliminary third quarter revenue that fell far short of analyst expectations.

Second quarter revenue rose for The Container Store Group (NYSE: TCS) but the results missed estimates as same store sales slipped prompting the company to lower its full year guidance.

EZCORP (Nasdaq: EZPW) will discontinue its stand-alone online lending business in the U.S and U.K.

In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 2 on the NYSE and by nearly 7 to 2 on Nasdaq. The broader S&P 500 fell 10 points to 1954. Bitcoin slipped $5 to $328.
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