Crude oil prices eased over concerns that the recent OPEC production cut will have little impact on the global glut of oil. The markets opened mixed with the Dow rising 17 points to 19,269 while Nasdaq lost 7 points to 5,325.
On the upside
Anthera (Nasdaq: ANTH) reported positive trends from a Week 48 analysis of a Phase 2 BRIGHT-SC proof of concept study.
Dave & Buster's Entertainment (Nasdaq: PLAY) reported sharply higher third quarter earnings that more than doubled to beat analyst expectations as revenue climbed and lifted its full year forecast.
EMCORE (Nasdaq: EMKR) reported higher fourth quarter earnings and revenue.
On the downside
Sigma Designs (Nasdaq: SIGM) disappointed with sharply lower third quarter earnings.
Seaport Global Securities cut their full year earnings forecast for Flotek Industries (NYSE: FTK).
Pioneer Energy Services (NYSE: PES) priced its public offering of 10.5 million common shares at the discounted price of $5.75.
In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on the NYSE while decliners edged out advancers by more than 10 to 9 on Nasdaq. The broader S&P 500 index added a point to 2,213. Bitcoin added $2 to $759.
