The markets closed flat with the Dow adding 2 points to 20,858 as crude oil prices slipped below $50 per barrel. Nasdaq edged up a point to 5,838.
On the upside
A judge has placed a licensing deal between Immunomedics (Nasdaq: IMMU) and Seattle Genetics (Nasdaq: SGEN) on hold due to an investor lawsuit.
TG Therapeutics (Nasdaq: TGTX) priced its public offering of more than 5 million shares of common stock at $9.75 per share.
Second quarter earnings surged for Comtech Telecommunications (Nasdaq: CMTL) as revenue nearly doubled.
On the downside
21Vianet Group (Nasdaq: VNET) widened fourth quarter losses significantly.
International Game Technology (NYSE: IGT) reported a net debt of approximately $7.57 billion in 2016.
Horizon Global (NYSE: HZN) widened fourth quarter losses more than expected.
In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 2 on the NYSE and by 7 to 5 on Nasdaq. The broader S&P 500 index added a point to 2,364. Bitcoin climbed $35 to $1,189.
