On the upside
The re-election of President Obama lifted shares of Tenet Healthcare (NYSE: THC), Universal Health Services (NYSE: UHS) and WellCare Health Plans (NYSE: WCG) as implementation of the Affordable Care Act became more certain.
BMO Capital Markets upgraded Coeur d'Alene Mines (NYSE: CDE) to an Outperform rating. On the downside
Rubicon Technology (Nasdaq: RBCN) reported sharply lower third quarter earnings and forecast fourth quarter results below analyst expectations.
Scientific Games (Nasdaq: SGMS) widened third quarter losses even as revenue rose.
Higher One (NYSE: ONE) disappointed with lower third quarter earnings that missed expectations and lowered its full year guidance prompting a downgrade.
In the broad market, declining issues outpaced advancers by a margin of more than 4 to 1 on the NYSE and by nearly 6 to 1 on Nasdaq. The Russell 2000 which tracks small cap stocks plunged 21 points to 804.