Despite a strong gain in retail sales, the markets closed sharply lower with the Dow plummeting 185 points to 17,535 as crude oil prices slid. Nasdaq fell 19 points to 4,717.
On the upside
Bargain hunters lifted shares of Puma Biotechnology (NYSE: PBYI).
Celldex Therapeutics (Nasdaq: CLDX) released its annual income statement.
First quarter revenue surged for Concordia Healthcare (Nasdaq: CXRX).
On the downside
Shares of Eagle Point Credit Company (NYSE: ECC) tumbled on its first trading day.
NV5 Global (Nasdaq: NVEE) priced its public offering of 1.7 million common shares at the discounted price of $26.25 per share.
Profit taking sank shares of A.M. Castle & Co. (NYSE: CAS).
In the broad market, declining issues outpaced advancers by a margin of more than 2 to 1 on the NYSE and by a margin of more than 9 to 7 on Nasdaq. The broader S&P 500 plunged 17 points to 2,046. Bitcoin slipped $1 to $453.
