MARKET PULSE-Twitter, Geron, Tesla, AMC, Fairway, Homeaway, Westell
(For more market insights, including options activity, click on ; for the Day Ahead newsletter link.reuters.com/mex49s; for the Morning Call newsletter, link.reuters.com/wak54v) U.S. stocks fell on Thursday, as a drop in Qualcomm overshadowed earlier enthusiasm in the wake of an interest rate cut by the European Central Bank. The Dow Jones industrial average was down 0.26 percent, the S&P 500 was down 0.54 percent and the Nasdaq Composite was down 1.08 percent.
** TWITTER INC, $50.00, up 92 pct (11:00 a.m. ET)
The micro-blogging company's stock soared 92 percent in their first day of trading on Thursday on the New York Stock Exchange as investors snapped up shares in the microblogging site, pushing its market value to a heady $25 billion.
** GERON CORP, $6.00, up 65 pct (10:11 a.m. ET)
The company said 22 percent of patients treated by its experimental blood cancer drug in a clinical trial were free of the disease, and its shares more than doubled in value in early trading.
** TESLA MOTORS, $143.70, down 5 pct (10:06 a.m. ET) Continued...