The markets opened modestly higher with the Dow rising 11 points to 20,986 as durable goods orders edged up 0.2% in March. Nasdaq gained 19 points to 6,044.
On the upside
Exact Sciences (Nasdaq: EXAS) narrowed first quarter losses more than expected as revenue surged.
First quarter earnings and revenue soared for GrubHub (NYSE: GRUB) to top analyst estimates.
Under Armour (NYSE: UAA) reported a smaller than expected loss for the first quarter.
On the downside
Synchronoss Technologies (Nasdaq: SNCR) cut its first quarter revenue outlook and announced the departure of chief executive officer Ronald Hovsepian and chief financial officer John Frederick.
Ocean Power Technologies (Nasdaq: OPTT) priced its public offering of 5.385 million common shares at the discounted price of $1.30 per share.
Pacific Biosciences (Nasdaq: PACB) widened first quarter losses more than expected.
In the broad market, advancing issues outpaced decliners by a margin of more than 9 to 7 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 index added a point to 2,389. Bitcoin soared $30 to $1312.
