The markets opened mixed with the Dow rising 33 points to 18,152 while Nasdaq slipped 5 points to 5,148 as durable goods orders fell in May.
On the upside
PhotoMedex (Nasdaq: PHMD) sold its XTRAC and VTRAC psoriasis and vitiligo treatment businesses to MELA Sciences (Nasdaq: MELA) for $42.5 million in cash.
Bargain hunters snapped up shares of Ambarella (Nasdaq: AMBA).
Green Dot (NYSE: GDOT) extended its contract with Walmart (NYSE: WMT) to continue serving as the program manager and issuing bank for the Walmart MoneyCard suite of prepaid reload able debit card products.
On the downside
Vical (Nasdaq: VICL) reported disappointing results from an ongoing Phase 1/2 clinical study of its genital herpes vaccine.
Sonic (Nasdaq: SONC) reported higher third quarter earnings and revenue but the restaurant chain warned that the macroeconomic environment may negatively impact full year results.
GasLog Partners (NYSE: GLOP) priced its public offering of 7.5 million common units at the discounted price of $23.90 per unit.
In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 4 on the NYSE and by nearly 3 to 2 on Nasdaq. The broader S&P 500 rose 3 points to 2126. Bitcoin slipped $3 to $244.
