A drop in global markets sent domestic markets tumbling to a sharply lower close with the Dow plummeting 132 points to 17,732. Nasdaq plunged 46 points to 4,848.
On the upside
Shares of Smith & Wesson (Nasdaq: SWHC) and Sturm, Ruger & Co. (NYSE: RGR) climbed in the wake of the deadly Orlando mass shooting.
Rising gold prices lifted shares of Barrick Gold (NYSE: ABX).
Jefferies lifted its price target on Advanced Micro Devices (Nasdaq: AMD) from $4.50 to $5.50.
On the downside
BioScrip (Nasdaq: BIOS) will acquire HS Infusion Holdings in a cash and stock deal valued at approximately $85 million.
Zynga (Nasdaq: ZNGA) named Bernard Kim to the position of President of Publishing.
Capital Cube wrote that Intelsat (NYSE: I) was undervalued but the stock price fell.
In the broad market, declining issues outpaced advancers by a margin of more than 3 to 1 on the NYSE and by 3 to 1 on Nasdaq. The broader S&P 500 tumbled 17 points to 2,079. Bitcoin surged $26 to $679.
