Financial News

Higher Open On Final Trading Day Of 2013

The markets opened higher with the Dow gaining 32 points to 16,536 on the final trading day of 2013. Nasdaq rose 8 points to 4163. 

On the upside 

Shares of NQ Mobile (NYSE: NQ) continued rising.

Bargain hunters snapped up shares of Twitter (NYSE: TWTR).

Hertz Global (NYSE: HTZ) adopted a shareholder rights plan.

On the downside

Gyrodyne Company of America (Nasdaq: GYRO) paid a special cash dividend yesterday and will pay a dividend in the form of notes on January 31, 2014 to shareholders of record December 31, 2013. 

Investors locked in profits on Kandi Technologies (Nasdaq: KNDI).

A Seeking Alpha contributor recommended that investors sell Alcatel-Lucent (NYSE: ALU).

In the broad market, advancing issues outpaced decliners by a margin of more than 2 to 1 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 added 3 points to 1844.

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