It was a mixed close for the markets on the final trading day of May with the Dow rising 18 points to 16,717. Nasdaq lost 5 points to 4,242.
On the upside
Attiva Capital Partners increased it stake in Doral Financial (NYSE: DRL) from 4.89% to 5.65%.
Shares of Cheetah Mobile (NYSE: CMCM) climbed ahead of its earning release on Monday.
Sky-mobi (Nasdaq: MOBI) will repurchase up to $20 million worth of common American depositary shares.
On the downside
Glu Mobile (Nasdaq: GLUU) priced its public offering of 8.575 million common shares at the discounted price to $3.50 per share.
Annie's (NYSE: BNNY) reported higher fourth quarter earnings and revenue but the results fell short of analyst expectations and the company forecast 2015 income that missed estimates.
Profit taking weighed down shares of xG Technology (Nasdaq: XGTI).
In the broad market, advancing issues outpaced decliners by a margin of nearly 10 to 9 on the NYSE while decliners barely edged out advancers by nearly 5 to 3 on Nasdaq. The broader S&P 500 added 3 points to 1923. Bitcoin gained $42.40 or 6.99% to $606.64.
