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September 01, 2020 1:39pm
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Mixed open as crude oil prices ease

The markets opened mixed with the Dow adding 19 points to 24,758 while Nasdaq lost 11 points to 7393 as crude oil prices eased.


On the upside


The Trade Desk (Nasdaq: TTD) reported sharply higher first quarter earnings that beat expectations.


Uniti Group (Nasdaq: UNIT) narrowed first quarter losses as revenue rose.


Weight Watchers (NYSE: WTW) priced its secondary offering of 7.5 million common shares at $69.00 per share.

On the downside


Symantec (Nasdaq: SYMC) initiated an internal investigation which may delay the release of its annual report prompting downgrades.


Intrexon (NYSE: XON) widened first quarter losses as revenue fell.


Yelp (NYSE: YELP) reported a loss for the first quarter.


In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on the NYSE and by more than 3 to 2 on Nasdaq. The broader S&P 500 eased a point to 2,722. Bitcoin crashed $544 to $8,546.


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