The markets rebounded with the Dow leaping 198 points to 16,366 as tensions in Ukraine eased. Nasdaq jumped 68 points to 4345.
On the upside
Plug Power (Nasdaq: PLUG), FuelCell Energy (Nasdaq: FCEL) and Ballard Power Systems (Nasdaq: BLDP) all extended their gains.
The Food and Drug Administration lifted its clinical hold on Oxygen Biotherapeutics’ (Nasdaq: OXBT) Oxycyte which will allow the company to begin a clinical development program in the U.S.
Morgan Stanley upgraded SunEdison (NYSE: SUNE) from an Equal Weight rating to an Overweight rating.
On the downside
RadioShack (NYSE: RSH) widened fourth quarter losses more than expected and announced plans to close 1,100 stores.
McDermott International (NYSE: MDR) fell to an unexpected loss for the fourth quarter and withdrew its previous guidance.
BioLineRx (Nasdaq: BLRX) priced its public offering of 8.4 million American Depositary Shares at the discounted price of $2.50 per ADS.
In the broad market, advancing issues outpaced decliners by a margin of nearly 9 to 1 on the NYSE and by more than 7 to 1 on Nasdaq. The broader S&P 500 jumped 23 points to 1868. Bitcoin gained $33.58 or 5.09% to $693.14.
