Markets Extend Gains At Midday

The markets extended its gains during the midday with the Dow gaining 81 points to 14,503 as Cyprus lawmakers prepared to vote on a new plan to secure bailout funds. Nasdaq climbed 22 points to 3245.

On the upside

Shares of Marin Software (NYSE: MRIN) soared in its market debut.


The European Medicines Agency granted a Positive Opinion for Halozyme Therapeutics (Nasdaq: HALO) and Baxter International (NYSE: BAX) for the use of HyQvia to treat primary and secondary immunodeficiencies.

Shares of Supervalu (NYSE: SVU) continued rising after completing the sale of five of its grocery store chains yesterday.


On the downside


Profit taking sank shares of Acadia Pharmaceuticals (Nasdaq: ACAD).


Shares of Walter Investment (NYSE: WAC) continued falling after posting a sharply wider fourth quarter loss earlier this week.


Nationstar Mortgage Holdings (NYSE: NSM) priced its offering of $200 million in senior notes.

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on the NYSE and by more than 7 to 5 on Nasdaq. The broader S&P 500 index climbed 9 points to 1555.

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.