The markets closed modestly higher with the Dow rising 18 points to 16,198 even as new home sales soared more than expected. Nasdaq added 4 points to 4292.
On the upside
Shares of Prana Biotechnology (Nasdaq: PRAN) continued climbing.
ExamWorks Group (NYSE: EXAM) narrowed fourth quarter losses more than expected and forecast current quarter and 2014 results ahead of estimates.
A Seeking Alpha contributor wrote that Baxano Surgical (Nasdaq: BAXS) was undervalued.
On the downside
DreamWorks Animation (Nasdaq: DWA) swung to a profit for the fourth quarter but revenue dropped prompting a downgrade.
Investors locked in profits on InterMune (Nasdaq: ITMN).
Cerus (Nasdaq: CERS) widened fourth quarter losses as revenue fell and the company forecast 2014 revenue below expectations.
In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 2 on both the NYSE and on Nasdaq. The broader S&P 500 held steady at 1845. Bitcoin rose $31.09 or 5.82% to $565.05.
