On the upside
A Seeking Alpha contributor listed four reasons to purchase shares of Catalyst Pharmaceuticals (Nasdaq: CPRX).
Regions Financial (NYSE: RF) reported sharply higher second quarter earnings that beat analyst expectations as the company wrote more mortgage and commercial loans.
On the downside
Peabody Energy (NYSE: BTU) reported lower second quarter earnings, forecast current quarter earnings below estimates and cut its production guidance for the year.
WebMD (Nasdaq: WBMD) warned of losses for the second quarter with revenue expected to fall short of its previous guidance and forecast a loss for the full year.
Bruker (Nasdaq: BRKR) reported preliminary second quarter earnings and revenue that fell far short of analyst expectations.
In the broad market, declining issues outpaced advancers by a margin of nearly 7 to 2 on the NYSE and on by nearly 5 to 2 Nasdaq. The Russell 2000 which tracks small cap stocks dropped 8 points to 770.