The markets closed higher on a light trading day with the Dow gaining 40 points to 16,449. Nasdaq climbed 26 points to 4,121.

On the upside 

Tarena International (Nasdaq: TEDU) partnered with Bank of China Consumer Financed partnered to provide student loans to Tarena students.

Piper Jaffray mentioned Cytokinetics (Nasdaq: CYTK) positively.

Regado Biosciences (Nasdaq: RGDO) beneficial owner Robert A Kierlin purchased 575,000 shares of company stock.

On the downside 

Plug Power (Nasdaq: PLUG) will create a joint venture with Hyundai Hysco to develop and market hydrogen fuel cells in Asia.

Hedgeye analyst Kevin Kaiser said that there was considerable downside to Atlas Energy (NYSE: ATLS).

Athenahealth (Nasdaq: ATHN) fell to a greater than expected loss for the first quarter.

In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 2 on the NYSE and by a margin of more than 7 to 5 on Nasdaq. The broader S&P 500 gained 7 points to 1871. Bitcoin edged up $0.07 or 0.02% to $489.82.