IBD Market Wrap - 05/28/15
Stocks were in the red all day to close the session lower, but they finished off of their worst levels. Preliminary volume was lower across the board. The S&P 500 fell 0.1% while the Nasdaq slipped 0.2%. Palo Alto Networks gained 4% after the cybersecurity software firm topped Q3 estimates late Wednesday. GoPro jumped 7% as CEO Nick Woodman said the action camera maker is working on a quadcopter drone and a six-camera rig for shooting spherical video for virtual reality headsets. United Rentals dropped 9% over comments made by its CEO that May sales would be a little softer than the industrial equipment renter previously expected. Ulta and Splunk both beat quarterly expectations after hours.