On the upside
Shares of sporting goods retailer Cabela's (NYSE: CAB) soared after President Obama detailed proposals for stricter gun control.
Opko Health (NYSE: OPK) chief executive Phillip Gamma Frost, M.D. purchased 20,000 shares of company stock.
On the downside
Motley Fool noted that Celsion (Nasdaq: CLSN) will likely use all of its cash in 2013. UBS downgraded Ironwood Pharmaceuticals (Nasdaq: IRWD) to a Sell rating.
Shares of Hovnanian Enterprises (NYSE: HOV) fell as homebuilder confidence held steady in January.
In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 4 on the NYSE and by nearly 3 to 2 on Nasdaq. The broader S&P 500 index held steady at 1472.