The markets continued tumbling during the midday with the Dow plummeting 224 points to 16,934 as expansion of the nation's services sector slowed in December. Nasdaq plunged 43 points to 4,847.
On the upside
Zacks Equity Research added Auris Medical Holding (Nasdaq: EARS) to its Zacks Rank # 1 (Strong Buy) List.
MaxLinear (NYSE: MXL) reported preliminary fourth quarter revenue at the high end of it previous guidance and forecast first quarter revenue ahead of estimates.
MeetMe (Nasdaq: MEET) lifted its full year earnings and revenue outlook.
On the downside
Epizyme (Nasdaq: EPZM) will offer $120 million in common stock through a public offering.
FBR Capital Markets downgraded Stone Energy (NYSE: SGY) from an Outperform rating to a Market Perform rating.
Southwestern Energy (NYSE: SWN) named Bill Way to the position of chief executive officer.
In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 2 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 plummeted 20 points to 1,995. Bitcoin slipped $1 to $430.
