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September 01, 2020 10:18am
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Mixed open as consumer prices fall

The markets opened mixed with the Dow slipping 2 points to 17,248 as consumer prices slipped 0.2% in February. Nasdaq rose 11 points to 4,739.

On the upside

Capnia (Nasdaq: CAPN) entered a five-year distribution agreement with Shanghai CiiC Science and Technology Development Company to sell, market and distribute CoSense in China.

Bio Blast Pharma (Nasdaq: ORPN) reported positive results from a HOPEMD Phase 2 clinical study in patients with oculopharyngeal muscular dystrophy.

Bargain hunters lifted shares of Endo International (Nasdaq: ENDP).

On the downside

Peabody Energy (NYSE: BTU) may file for bankruptcy protection.

Shares of Cliffs Natural Resources (NYSE: CLF) continued falling.

QuickLogic (Nasdaq: QUIK) priced its public offering of 10 million shares of common stock at the discounted price of $1.00 per share.

In the broad market, advancing issues outpaced decliners by a margin of 7 to 5 on both the NYSE and on Nasdaq. The broader S&P 500 edged up a fraction to 2,016. Bitcoin held steady at $415.

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