On the upside
A Seeking Alpha contributor listed Galena Biopharma (Nasdaq: GALE) as one of three small cap pharmaceuticals that the author may buy.
Jamba Juice (Nasdaq: JMBA) announced the grand opening of its joint venture store with Venus Williams in Washington DC.
On the downside
Patriot Coal (NYSE: PCX) filed for Chapter 11 bankruptcy protection.
Shares of Alpha Natural Resources (NYSE: ANR), Arch Coal (NYSE: ACI) and James River Coal (Nasdaq: JRCC) all fell after Patriot Coal (NYSE: PCX) filed for bankruptcy.
Shares of Pilgrim's Pride (NYSE: PPC) continued falling over concerns about Mexico's bird flu outbreak.
In the broad market, declining issues outpaced advancers by a margin of nearly 9 to 7 on the NYSE and by more than 9 to 7 on Nasdaq. The Russell 2000 which tracks small cap stocks slipped 2 points to 804.