BUZZ-U.S. STOCKS ON THE MOVE-Plasmatech, Nationstar, OpGen, RetailMeNot
(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stocks fell further in afternoon trading on Tuesday after the U.S. trade deficit surged in March, suggesting that the economy contracted in the first quarter. The Dow Jones industrial average was down 0.58 percent at 17,965.83 and the S&P 500 was down 0.92 percent at 2,095.14.
** PLASMATECH BIOPHARMACEUTICALS INC, $6.61, +131.12 pct
Soros Fund Management reported a 5.17 percent passive stake in the drug development company. The fund is the investment vehicle of billionaire financier George Soros.
** QUALYS INC, $38.4718, -30.15 pct
The security software maker forecast second-quarter profit and revenue below estimates. The company cut its full-year forecast to $165 millio-$166.5 million from $167.3 million-$169.3 million.
** NATIONSTAR MORTGAGE HOLDINGS INC, $19.63, -24.99 pct Continued...