On the upside
Millennial Media (NYSE: MM) priced its public offering of 10 million common shares at $14.15 per share.
RF Micro Devices (Nasdaq: RFMD) fell to a loss for the second quarter but the results topped analyst estimates prompting an upgrade.
On the downside
Netflix (Nasdaq: NFLX) posted a better than expected profit for the third quarter but the company added fewer new subscribers than forecast and the company cut its full year subscriber growth numbers.
Corning (NYSE: GLW) reported lower third quarter earnings and announced plans to eliminate jobs.
Tempur-Pedic (NYSE: TPX) fell to a loss for the third quarter and lowered its guidance for the full year.
In the broad market, advancing issues outpaced decliners by a margin of nearly 10 to 9 on the NYSE while decliners barely edged out advancers by a slim margin on Nasdaq. The Russell 2000 which tracks small cap stocks slipped 2 points to 814.