The markets traded flat during the midday with the Dow holding steady at 17,554 as the nation added fewer than expected jobs in October. Nasdaq lost 12 points to 4,626.
On the upside
Share of Freshpet (Nasdaq: FRPT) soared in its market debut.
ChannelAdvisor (NYSE: ECOM) widened losses for the third quarter but the results were better than expected and the company acquired E-Tale Holdings.
Bargain hunters lifted shares of Solazyme (Nasdaq: SZYM).
On the downside
Intercept Pharmaceuticals (Nasdaq: ICPT) reported a wider than expected loss for the third quarter.
Extended Stay America (NYSE: STAY) reported higher third quarter earnings and revenue but the results fell short of analyst expectations and the company forecast full year revenue below estimates.
Abercrombie & Fitch (NYSE: ANF) warned that third quarter revenue and earnings would drop to fall short of analyst expectations prompting a downgrade.
In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 3 on the NYSE while decliner edged out advancers by a margin of 5 to 4 on Nasdaq. The broader S&P 500 held steady at 2031. Bitcoin lost $7 to $340.
Markets flat on jobs data
November 07, 2014 at 12:13 PM EST