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September 01, 2020 10:18am
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Dow Closes At Another Record

It was another record close for the Dow with the blue chip index gaining 67 points to 14,397 as the unemployment rate fell to a four year low of 7.7%. Nasdaq climbed 12 points to 3244.

On the upside

Cantor lifted its price target on Celldex (Nasdaq: CLDX) from $13 to $16. 

Johnson Rice upgraded Willbros Group (NYSE: WG) to an Overweight rating.

Immersion (Nasdaq: IMMR) extended its gains after announcing a licensing agreement with Samsung yesterday.

On the downside

AVG Technologies (NYSE: AVG) chief executive J. R. Smith resigned.

Arlington Asset Investment (NYSE: AI) priced its public offering of 3 million shares of common stock at the discounted price of $25.50 per share.

Maxwell Technologies (Nasdaq: MXWL) must restate all financial statements from 2011 and 2012.


In the broad market, advancing issues outpaced decliners by a margin of nearly 2 to 1 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 index gained 6 points to 1551.

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