Markets plunge as crude oil tumbles

Another sharp drop in crude oil prices sent the markets tumbling to a lower close with the Dow plummeting 195 points to 17,191. Nasdaq plunged 43 points to 4,637.

On the upside

Electronic Arts (Nasdaq: EA) reversed year ago losses to post a better than expected profit for the third quarter.

Third quarter earnings and revenue surged for Abiomed (Nasdaq: ABMD) to surpass analyst expectations and the Food and Drug Administration approved a Humanitarian Device Exemption for the company's Impella RP(R) System heart pump.

Tupperware Brands (NYSE: TUP) reported lower fourth quarter earnings and revenue but the results beat analyst expectations.

On the downside

Pilgrim's Pride (Nasdaq: PPC) began trading ex-dividend today.

Meritor (NYSE: MTOR) reported higher first quarter earnings but revenue fell to miss analyst estimates and the company forecast full year results below expectations.

Falling crude oil prices weighed down shares of Nabor Industries (NYSE: NBR).

In the broad market, declining issues outpaced advancers by a margin of nearly 7 to 3 on the NYSE and by more than 5 to 2 on Nasdaq. The broader S&P 500 plunged 27 points to 2002. Bitcoin dropped $26 to $231.
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