On the upside
Shares of Antigenics (Nasdaq: AGEN) soared after the drug research company reported positive results for its treatment of patients with kidney cancer.
An analyst upgraded Hub Group (Nasdaq: HUBG), a freight delivery service provider in North America.
On the downside
AIG (NYSE: AIG) announced the sale of its New York headquarters and a nearby building. The federal government owns 80% of the beleaguered insurer.
An analyst downgraded Pacer International (Nasdaq: PACR), a freight delivery service in North America.
An analyst upgrade of Wynn Resorts (Nasdaq: WYNN) failed to lift its shares.
In the broad market, declining issues outpaced advancers by a margin of nearly 4 to 1 on the NYSE and by more than 2 to 1 on Nasdaq. The Russell 2000 which tracks small cap stocks lost 6 points to 520.