Share this article:
The S&P 500 was up 0.2% in midday trading to 2,142.94.
The Dow Jones Industrial Average was up 0.1% to 18,147.59.
The NASDAQ was up 0.1% to 5,244.85.
The yield on a 10-year Treasury bond rose 0.5% to 1.70%.
The price of gold rose 0.9% to $1,330.
Irvine-based Banc of California Inc. was down 5% to $18.92 and a $939 million market cap. The bank holding company’s CFO resigned after a year on the job and the company plans to consolidate finance operations under two other executives. Shares traded at a rate four times its average volume.
Tustin-based Peregrine Pharmaceuticals Inc. was up 13.8% to 43 cents and a $105 million market cap. The company, which is testing a cancer treatment drug called Bavituximab, reported a loss of $12.4 million in its most recent quarter, a 20% improvement over a loss of $15 million in the same period last year.
Irvine-based NuGene International Inc. was up 29.6% to 70 cents and a $28 million market cap on higher-than-average volume. The company makes skin- and hair-care products.
Costa Mesa-based Nemus Bioscience Inc. was down 12% to 50 cents and a $10 million market cap on higher-than-average volume. Nemus is a pre-clinical stage developer of cannabis-based products.
Mission Viejo-based Cloud Security Corp. was down 14.6% to $2.05 and a $29 million market cap on higher-than-average volume.