Upbeat earnings lift markets

Upbeat earnings lifted the markets to a higher open with the Dow gaining 50 points to 20,119. Nasdaq added 6 points to 5,662.


On the upside


Avinger (Nasdaq: AVGR) reported positive two-year clinical data from a VISION study of Lumivascular technology to treat peripheral artery disease.


Fuwei Films (Nasdaq: FFHL) signed an annual sales contract with Eternal Electronic Material for polyester film for PCB.


Carbo Ceramics (NYSE: CRR) narrowed losses for the fourth quarter.


On the downside


Mattel (Nasdaq: MAT) disappointed with lower fourth quarter earnings and revenue that fell short of expectations.


Citrix Systems (Nasdaq: CTXS) reported higher fourth quarter earnings and revenue that topped analyst estimates but the stock price fell.


Fourth quarter earnings for T. Rowe Price (Nasdaq: TROW) missed expectations.


In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 4 on the NYSE while decliners edged out advancers by more than 10 to 9 on Nasdaq. The broader S&P 500 index added a point to 2,299. Bitcoin gained $17 to $906.


Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.