Mixed Open As Consumer Sentiment Slips

The markets opened mixed with the Dow rising 26 points to 15,327 while Nasdaq lost 12 points to 3703 as consumer sentiment slipped.

On the upside

Shares of GSV Capital (Nasdaq: GSVC) climbed after Twitter filed for an initial public offering. GSV invested approximately $37.6 million in Twitter.

Ulta Salon, Cosmetics & Fragrance (Nasdaq: ULTA) reported higher second quarter earnings and revenue that topped analyst estimates.

NQ Mobile (NYSE: NQ) introduced its music information retrieval Music Radar application in China.


On the downside


Galena Biopharma (Nasdaq: GALE) priced its offering of 17.5 million units at the discounted price of $2.00 per share.

Summit Hotel Properties (NYSE: INN) priced its public offering of 15 million common shares at the discounted price of $9.20 per share.

Nanosphere (Nasdaq: NSPH) priced its public offering of 15 million common shares at the discounted price of $1.75 per share.

In the broad market, declining issues with advancers on the NYSE while decliners edged out advancers by more than 10 to 9 on Nasdaq. The broader S&P 500 held steady at 1683.

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