Higher Open On Final Trading Day Of 2013

The markets opened higher with the Dow gaining 32 points to 16,536 on the final trading day of 2013. Nasdaq rose 8 points to 4163.

On the upside

Shares of NQ Mobile (NYSE: NQ) continued rising.

Bargain hunters snapped up shares of Twitter (NYSE: TWTR).

Hertz Global (NYSE: HTZ) adopted a shareholder rights plan.


On the downside


Gyrodyne Company of America (Nasdaq: GYRO) paid a special cash dividend yesterday and will pay a dividend in the form of notes on January 31, 2014 to shareholders of record December 31, 2013.

Investors locked in profits on Kandi Technologies (Nasdaq: KNDI).

A Seeking Alpha contributor recommended that investors sell Alcatel-Lucent (NYSE: ALU).

In the broad market, advancing issues outpaced decliners by a margin of more than 2 to 1 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 added 3 points to 1844.

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