Gain in producer prices weighs down markets

Producer prices rose more than expected in April to weigh the markets down to a lower close with the Dow losing 23 points to 20,919. Nasdaq fell 13 points to 6,115.


On the upside


Intrexon (NYSE: XON) narrowed first quarter losses as revenue climbed.


Real Industry (Nasdaq: RELY) reported higher first quarter revenue.


LivePerson (Nasdaq: LPSN) reported better than expected revenue for the first quarter.


On the downside


DryShips (Nasdaq: DRYS) widened first quarter losses significantly.


Conatus Pharmaceuticals (Nasdaq: CNAT) priced its public offering of 5.2 million common shares at the discounted price of $5.50 per share.

ITUS (Nasdaq: ITUS) priced its public offering of 3.5 million common shares at the discounted price of $1.05 per share.


The broader S&P 500 lost 5 points to 2,394. Bitcoin soared $62 to $1790.


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