MARKET PULSE-Ebix, Gamestop, Solta Medical, Finisar, Steelcase

Thu Jun 20, 2013 10:30am EDT
 
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(For more market insights, including options activity, click on ; for the Day Ahead newsletter link.reuters.com/mex49s)

June 20 (Reuters) - Some U.S. stocks on the move on Thursday:

FUTURES FALL IN WAKE OF FED'S STIMULUS WIND-DOWN OUTLINE

U.S. stocks fell at the open, adding to a more than 1 percent drop a day earlier after remarks by Federal Reserve Chairman Ben Bernanke who outlined the start of a wind-down of stimuli that has been instrumental to the market's rally. The Dow Jones industrial average was down 0.43 percent, the Standard & Poor's 500 Index down 0.69 percent, and the Nasdaq Composite Index down 1.05 percent.

** EBIX INC, $9.93, down 48 pct (0930 ET)

The insurance software provider and an affiliate of Goldman Sachs Group Inc canceled their planned merger after U.S regulators started an investigation into allegations of misconduct at Ebix.

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