Escalating fears of another recession in Europe sent the markets tumbling to a sharply lower close with the Dow plunging 115 points to 16,544. Nasdaq collapsed 102 points to 4,276.
On the upside
GT Advanced Technologies’ (Nasdaq: GTAT) announcement that it was exiting the sapphire display market lifted shares of Rubicon Technology (Nasdaq: RBCN).
Bargain hunters lifted shares of Herbalife (NYSE: HLF).Â
Shares of respiratory care products maker Allied Healthcare Products (Nasdaq: AHPI) surged over Ebola concerns.
On the downside
Caesars Entertainment (Nasdaq: CZR) named Keith Causey to the position of senior vice president and chief accounting officer.
Sizmek (NYSE: SZMK) announced management changes and forecast third quarter revenue that missed analyst expectations.
Twitter (NYSE: TWTR) employees including chief executive Dick Costolo received death threats from terrorist group ISIS.
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 plummeted 22 points to 1906. Bitcoin added $1 to $355.
