Mixed open even as GDP rises

The markets opened mixed with the Dow losing 17 points to 17,799 while Nasdaq added 3 points to 4,757 even as the nation's estimated third quarter gross domestic product was raised to 3.9% from 3.5%.

On the upside

SinoCoking Coal and Coke Chemical Industries' (Nasdaq: SCOK) aboveground syngas facility achieved 100% capacity.

Qihoo 360 Technology (NYSE: QIHU) reported sharply higher third quarter earnings and revenue that beat analyst expectations and forecast current quarter revenue ahead of estimates.

ChinaTopix listed J.C. Penney (NYSE: JCP) as the retailer with the largest Black Friday discounts.

On the downside

Revolution Lighting Technologies (Nasdaq: RVLT) priced its public offering of 8 million common shares at the discounted price of $1.25 per share.

E-Commerce China Dangdang (NYSE: DANG) reversed year ago losses to post a profit for the third quarter but the results fell short of analyst expectations.

William Blair downgraded CyberArk Software (Nasdaq: CYBR) from an Outperform rating to a Market Perform rating and Nomura downgraded the company from a Buy rating to a Neutral rating.

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on the NYSE and by nearly 5 to 3 on Nasdaq. The broader S&P 500 eased a fraction to 2068. Bitcoin added $1 to $378.
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