The markets closed lower with the Dow falling 42 points to 16,633 as unemployment in Germany unexpectedly rose. Nasdaq lost 11 points to 4,225.
On the upside
Shares of Magnegas (Nasdaq: MNGA) climbed ahead of its presentation at the 3rd Annual Marcum MicroCap conference tomorrow.
DARA BioSciences (Nasdaq: DARA) stock nearly doubled on no news.
The Wall Street Journal reported that Synaptics (NYSE: SYNA) was finalizing a deal to purchase Renesas SP Drivers.
On the downside
Daktronics (Nasdaq: DAKT) disappointed with flat fourth quarter earnings that fell far short of analyst expectations.
Profit taking weighed down shares of Spectranetics (Nasdaq: SPNC).
Apollo Global Management will sell 15 million shares of Rexnord (NYSE: RXN).
In the broad market, advancing issues outpaced decliners by a margin of 10 to 9 on the NYSE while decliners edged out advancers by nearly 5 to 3 on Nasdaq. The broader S&P 500 slipped 1 points to 1909. Bitcoin lost $6.12 or 1.08% to $564.01.
