The markets opened mixed with the Dow losing 35 points to 17,113 while Nasdaq added 2 points to 4,905 as investors monitored global markets.
On the upside
Smith & Wesson (Nasdaq: SWHC) lifted its third quarter and full year earnings and revenue guidance.
JPMorgan affirmed its Overweight rating on GoPro (Nasdaq: GPRO).
Progressive Waste Solutions (NYSE: BIN) retained the services of JPMorgan Securities to review strategic alternatives to enhance shareholder value.
On the downside
MannKind’s (Nasdaq: MNKD) license and collaboration agreement with Sanofi to develop and commercialize Affrezza Inhalation Powder has been terminated.
Ford (NYSE: F) reported December sales that fell short of analyst expectations.
Netflix (Nasdaq: NFLX) expanded its agreement with DreamWorks (Nasdaq: DWA) to launch several new original series and to stream feature films from the DreamWorks library.
In the broad market, advancing issues outpaced decliners by a margin of more than 9 to 6 on both the NYSE and on Nasdaq. The broader S&P 500 slipped a point to 2,011. Bitcoin lost $1 to $432.
