Share this article:
The S&P 500 was up 0.2% in midday trading to 2,046.26.
The Dow Jones Industrial Average was up 0.2% to 17,574.08.
The NASDAQ down 0.2% to 4,839.97.
The yield on a 10-year Treasury bond was up 1.5% to 1.72%.
The price of gold was up 0.4% to $1,243.
Irvine-based Resources Connection Inc. was down 11.4% to $12.95 and a $481 million market cap. The business consultancy said revenue and income for its most recent quarter were “essentially flat” year-over-year.
Irvine-based Boot Barn Holdings Inc. was down 15.8% to $6.70 $177 million market cap. JP Morgan downgraded the retailer of western apparel to “neutral” from “overweight” and cut its price target to $7 from $11.
Laguna Hills-based Glaukos Corp. was down 3.6% to $16.48 and a $532 million market cap. Stifel Nicolaus initiated coverage on the ophthalmic stent maker’s shares with a “hold” rating; it noted “near-term concerns” and said Glaukos would lose money in its next two fiscal years.
Irvine-based Impac Mortgage Holdings Inc. was up 1.4% to $13.49 and a $164 million market cap. JMP Securities initiated coverage on the mortgage lender’s shares with a “market perform” rating.