The volatile markets turned negative during the midday with the Dow dropping 69 points to 15,052 over renewed concerns about the global economy. Nasdaq tumbled 24 points to 3412.
On the upside
Shares of Gigamon (NYSE: GIMO) surged in its market debut.
Hedge fund Glenview Capital requested that Health Management Associates (NYSE: HMA) increase the maximum stake that a single shareholder could have in the company from 15% to at least 25%.
On the downside
GenMark Diagnostics (Nasdaq: GNMK) extended its losses.
Citi analyst Yaron Werber downgraded Biogen Idec (Nasdaq: BIIB) to a Neutral rating from a Buy rating.
LDK Solar (NYSE: LDK) stock continued falling after reporting a greater loss for the first quarter yesterday.
In the broad market, declining issues outpaced advancers by a margin of 5 to 2 on the NYSE and by nearly 2 to 1 on Nasdaq. The broader S&P 500 index fell 9 points to 1616.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here