U.S. shares stretched losses today amid uncertainty about a Greek bailout deal. The S&P 500 (INDEXSP:.INX) fell 0.5 percent to 2,098.51 at 11:30 a.m. in New York. The 30-company Dow Jones Industrial Average (INDEXDJX:.DJI) dropped 0.6 percent to 17,928.53, and the tech-heavy Nasdaq 100 (INDEXNASDAQ:NDX) was down 0.6 percent at 4,461.59. Most followed shares included Twitter, Wingstop, T-Mobile US, Restoration Hardware, LeapFrog Enterprises, FedEx, ITT Educational Services, Bob Evans Farms, Korn/Ferry International, ExOne, Pfizer, and Aveo.
Twitter (NYSE:TWTR) rose 0.9 percent to $36.18 after chief executive officer Dick Costolo said he would step down July 1, in an announcement late yesterday. Co-founder Jack Dorsey will serve as interim CEO until a replacement is found. The group also confirmed its second-quarter revenue outlook of $470 million to $485 million.
In consumer discretionary shares, Wingstop (NASDAQ:WING) jumped 60 percent to $30.65 in its trading debut today. The restaurant chain priced its initial public offering of 5.8 million shares at $19 a share, above the expected range of $12 to $14.
T-Mobile US (NYSE:TMUS) advanced 2 percent to $38.87 after the Wall Street Journal reported that Dish Network (NASDAQ:DISH) is in talks with banks on funding a bid for the company. Shares of Dish slipped 1.3 percent to $71.86.
Restoration Hardware Holdings (NYSE:RH) added 1.9 percent to $96.65 after the luxury home furnishings retailer said earnings soared on continued sales growth during the quarter ended in May. The Corte Madera, California-based company also boosted its annual guidance.
LeapFrog Enterprises (NYSE:LF) sank 26 percent to $1.55. A developer of educational entertainment for children is betting that bringing its educational games to other companies’ devices will rekindle growth–but not until the fiscal 2017 holiday quarter.
In industrials, FedEx (NYSE:FDX) fell 0.9 percent to $183.35 after saying it will book a $2.2 billion pretax charge for the quarter that ended in May, as the company changes to a mark-to-market pension accounting method.
ITT Educational Services (NYSE:ESI) jumped 27 percent to $5.28. The provider of postsecondary degree programs reported first-quarter earnings rose sharply as operating margin more than doubled from a year ago.
Bob Evans Farms (NASDAQ:BOBE) gained 4 percent to $48.05 after saying it will consider REIT conversion or sales-leaseback of its restaurant properties.
Korn/Ferry International (NYSE:KFY) picked up 2.9 percent to $33.71 after posting a bigger-than-expected 20 percent increase in earnings for its latest quarter, driven by higher fee revenue across its segments.
ExOne (NASDAQ:XONE) retreated 3.3 percent to $12.67 after the provider of three dimensional (3D) printing machines reported that its loss widened in the March quarter as the strong dollar dented the 3-D printing company’s revenue.
In health-care stocks, Pfizer (NYSE:PFE) fell 0.9 percent to $34.15 after saying a clinical study of its antidepressant Pristiq in children failed to show that the treatment was more effective than a placebo.
Aveo Pharmaceuticals (NASDAQ:AVEO) sank 7.8 percent to $2.00 after the biopharmaceutical company said the U.S. Food and Drug Administration suggested the company continue working on a biomarker assay before proceeding with a planned Phase 3 study of tivozanib in the treatment of colorectal cancer.
Sunesis Pharmaceuticals (NASDAQ:SNSS) surged 9.1 percent to $2.77 after the biopharmaceutical company reported a clinical trial for its cancer drug Qinprezo, or vosaroxin, showed encouraging results for older patients.