BUZZ-U.S. Stocks on the Move-CyberArk, China Advanced, Green Dot, BioFuel
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U.S. stocks were slightly higher in late morning trading on Wednesday, as the S&P 500 tested a key support level after three sessions of declines.
The Dow Jones industrial average was up 0.52 percent at 17,143.91, the S&P 500 was up 0.42 percent at 1,991.15 and the Nasdaq Composite was up 0.64 percent at 4,537.646.
** CITIZENS FINANCIAL GROUP INC, $22.65, +5.35 pct
** ROYAL BANK OF SCOTLAND, $11.81, +1.03 pct
Shares of Citizens Financial Group, the U.S. unit of RBS , rose in their market debut - the biggest U.S. bank IPO since the financial crisis.
The offering, which raised $3.01 billion for RBS, got a lukewarm reception from investors, forcing RBS to cut the price to $21.50 per share, below the expected range of $23-25.