The markets traded lower during the midday with the Dow slipping 9 points to 17,572. Nasdaq fell 32 points to 4,788.
On the upside
Bloomberg reported that Virgin America (Nasdaq: VA) may be exploring a possible sale of the company.
Fourth quarter earnings for HealthEquity (Nasdaq: HQY) more than doubled to surpass analyst expectations as revenue climbed.
Southcross Energy Partners (NYSE: SXE) stock continued to rise.
On the downside
Quebec securities regulators charged Amaya (Nasdaq: AYA) chief executive David Baazov with insider trading.
Hedge fund Kerrisdale Capital shorted Sage Therapeutics (Nasdaq: SAGE).
Shares of Stone Energy (NYSE: SGY) fell as crude oil prices slipped.
In the broad market, declining issues outpaced advancers by a margin of 7 to 3 on the NYSE by more than 5 to 3 on Nasdaq. The broader S&P 500 fell 6 points to 2,043. Bitcoin edged up to $416.
