Despite disappointing iPhone sales, the markets closed higher with the Dow soaring 90 points to 15,928 on upbeat corporate earnings. Nasdaq rose 14 points to 4087.
On the upside
Shares of Lantronix (Nasdaq: LTRX) climbed ahead of its earnings release later this week.
Idenix Pharmaceuticals (Nasdaq: IDIX) will raise approximately $106.7 million through the sale of more than 16.4 million common shares to The Baupost Group.
Kraton Performance Polymers (NYSE: KRA) will merge with the styrenic block copolymer operations of LCY Chemical.
On the downside
A Seeking Alpha article said that LiveDeal (Nasdaq: LIVE) had the potential to drop 50%.
America First Multifamily Investors (Nasdaq: ATAX) priced its public offering of 8 million limited partnership interests at $5.95 per share.
The Chefs’ Warehouse (Nasdaq: CHEF) warned that fiscal 2013 earnings and revenue would fall short of previous guidance.
In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 1 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 climbed 10 points to 1792. Bitcoin slipped $3.34 or 0.36% to $928.74.
