Mixed open over economic data

The markets opened mixed with the Dow losing 38 points to 17,647 while Nasdaq rose 7 points to 4,683 as consumer prices held steady in October.

On the upside

Magal Security Systems (Nasdaq: MAGS) reversed year ago losses to post a profit for the third quarter as revenue surged.

Third quarter earnings surged for Best Buy (NYSE: BBY) to surpass analyst expectations by a wide margin.

Williams-Sonoma (NYSE: WSM) reported higher third quarter earnings and revenue that beat analyst expectations prompting the company to lift its full year outlook.

On the downside

GoPro (Nasdaq: GPRO) priced its follow-on public offering of more than 10.3 million common shares at the discounted price of $75 per share.

Lexicon Pharmaceuticals (Nasdaq: LXRX) commenced an offering to sell $75 million of convertible senior notes and $50 million of its common stock.

Rockwell (Nasdaq: RMTI) priced its public offering of 6.5 million common share at the discounted price of $9 per share.

In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 4 on the NYSE and by 5 to 3 on Nasdaq. The broader S&P 500 lost 4 points to 2044. Bitcoin fell $16 to $359.
Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.