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September 01, 2020 1:41pm
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Mixed open as consumer prices edge up

The market markets opened mixed with the Dow losing 19 points to 18,266 while Nasdaq rose 7 points to 5,098 as consumer prices edged up 0.1%.

On the upside

Shares of Oncothyreon (Nasdaq: ONTY) continued to climb.

AVEO (Nasdaq: AVEO) stock extended its gains.

Ctrip (Nasdaq: CTRP) acquired a 37.6% stake in eLong (Nasdaq: LONG).
 
On the downside

Viggle (Nasdaq: VGGL) priced its public offering of approximately 3.6 million common shares at the discounted price of $2.50 per share.

Jumei International (NYSE: JMEI) reported higher first quarter earnings and revenue but the stock price fell.

Aeropostale (NYSE: ARO) reported a larger than expected loss for the first quarter as revenue fell.
 
In the broad market, declining issues outpaced advancers by a margin of nearly 2 to 1 on the NYSE and by 5 to 4 on Nasdaq. The broader S&P 500 eased a point to 2129. Bitcoin held steady at $235.

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