The markets traded mixed during the midday with the Dow losing 12 points to 16,546 even as the nation's unemployment rate slipped. Nasdaq added 6 points to 4,134.
On the upside
Maxwell Technologies (Nasdaq: MXWL) swung to a profit for the first quarter and appointed Dr. Frank Fink to the position of president and chief executive officer.
Nutrisystem (Nasdaq: NTRI) reported an unexpected profit for the first quarter as revenue rose.
DigitalGlobe (NYSE: DGI) narrowed losses for the first quarter as revenue climbed.
On the downside
Actuate (Nasdaq: BIRT) disappointed by falling to a greater than expected loss for the first quarter.
SciQuest (Nasdaq: SQI) reported break-even results for the first quarter prompting Canaccord to lower its price target on the company.
Blucora (Nasdaq: BCOR) reported higher first quarter earnings and revenue but the company forecast current quarter results below analyst expectations.
In the broad market, advancing issues outpaced decliners by a margin of nearly 2 to 1 on the NYSE and by nearly 5 to 3 on Nasdaq. The broader S&P 500 edged up a fraction to 1884. Bitcoin lost $12.37 or 2.65% to $442.20.
