The markets turned negative to close modestly lower with the Dow slipping 8 points to 17,492 as crude oil prices edged down. Nasdaq lost 3 points to 4,765.
On the upside
ReneSola (NYSE: SOL) reversed year ago losses to post a profit for the first quarter.
Aqua Metals (Nasdaq: AQMS) will host its first quarter earnings conference call tomorrow morning.
SolarCity (NYSE: SCTY) began testing its new solar power system in Kauai.
On the downside
Valeant Pharmaceuticals (NYSE: VRX) will explore selling noncore assets.
Basic Energy Services (NYSE: BAS) increased the number of shares available for its incentive plan.
Coherus Bioscience (Nasdaq: CHRS) priced its public offering of 3.5 million common shares at the discounted price of $18 per share.
In the broad market, declining issues barely edged out advancers by a slim margin on the NYSE while advancers outpaced decliners by more than 10 to 9 on Nasdaq. The broader S&P 500 lost 4 points to 2,048. Bitcoin gained $4 to $443.
Lower close as crude oil slips
May 23, 2016 at 20:04 PM EDT
