MARKET PULSE-Twitter, Tesla, AMC, Genpact, Merrimack, Ezcorp
(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) Frenzied buying in Twitter shares dominated Wall Street's attention on Thursday, as the social media stock opened well above expectations, while major averages fell, led by the Nasdaq. The Dow Jones industrial average fell 62.58 points or 0.4 percent, to 15,684.3, the S&P 500 lost 12.12 points or 0.68 percent, to 1,758.37 and the Nasdaq Composite dropped 51.381 points or 1.31 percent, to 3,880.565.
** 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 trial patients treated with its experimental blood cancer drug, Imetelstat, were now free of the disease, a major break for the company after two big setbacks.
** TESLA MOTORS, $143.70, down 5 pct (10:06 a.m. ET) Continued...