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September 01, 2020 10:18am
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Mixed markets over APEC deals

The markets traded mixed during the midday with the Dow slipping 9 points to 17,603 as Russia inked deals with China at APEC. Nasdaq added 2 points to 4,653.

On the upside

Bargain hunters lifted shares of Summer Infant (Nasdaq: SUMR).

AcelRx Pharmaceuticals (Nasdaq: ACRX) swung to a profit for the third quarter . 

The Food and Drug Administration granted Threshold Pharmaceuticals (Nasdaq: THLD) Fast Track designation for its cancer treatment TH-302.

On the downside

Halcon Resources (NYSE: HK) swung to a third quarter profit but the results fell short of expectations.

Turtle Beach (Nasdaq: HEAR) widened losses for the third quarter as revenue fell prompting a downgrade.

Unilife (Nasdaq: UNIS) widened first quarter losses as revenue plunged.

In the broad market, declining issues outpaced advancers by a margin of more than 10 to 9 on the NYSE and by 9 to 7 on Nasdaq. The broader S&P 500 eased a fraction to 2037. Bitcoin slipped $4 to $363.

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