The markets extended its losses during the midday with the Dow plummeting 218 points to 17,676 as crude oil prices dropped. Nasdaq tumbled 41 points to 4,851.
On the upside
Shares of Amarin (Nasdaq: AMRN) continued rising.
Ebix (Nasdaq: EBIX) reported higher fourth quarter earnings and revenue that beat analyst expectations.
Repligen (Nasdaq: RGEN) fell to a loss for the fourth quarter but revenue rose and the company forecast higher full year revenue.
On the downside
Civeo (NYSE: CVEO) fell to a loss for the fourth quarter on lower revenue.
Citi Trends (Nasdaq: CTRN) announced the retirement of chief executive Ed Anderson.
Basic Energy Services (NYSE: BAS) reported sharply lower rig utilization rates for February.
In the broad market, declining issues outpaced advancers by a margin of more than 7 to 2 on the NYSE and by more than 5 to 2 on Nasdaq. The broader S&P 500 dropped 18 points to 2047. Bitcoin slipped $2 to $289.
Losses extended as oil drops
March 13, 2015 at 14:20 PM EDT
