The markets recovered early morning losses but continued trading lower with the Dow dropping 67 points to 15,124 on the second day of the government shutdown. Nasdaq slipped 5 points to 3812.
On the upside
Shares of Burlington Stores (NYSE: BURL) leaped in its market debut.
Molycorp’s (NYSE: MCP) Mountain Pass chloralkali plant is mechanically complete and full scale commissioning operations have begun.
Re/Max Holdings (NYSE: RMAX) stock surged on its first trading day.
On the downside
Investors locked in profits on Revolution Lighting Technologies (Nasdaq: RVLT).
GTx (Nasdaq: GTXI) will eliminate 53 jobs.
Profit taking continued to weigh down shares of LDK Solar (NYSE: LDK).
In the broad market, declining issues outpaced advancers by a margin of nearly 2 to 1 on the NYSE and by 5 to 3 on Nasdaq. The broader S&P 500 slipped 4 points to 1690.
