Lower Close Over Weak Holiday Sales

Weak retail sales over the first weekend of the holiday shopping season sent the markets down to a lower close with the Dow dropping 77 points to 16,008. Nasdaq fell 14 points to 4045.

On the upside 

A Seeking Alpha contributor wrote that Camtek’s (Nasdaq: CAMT) new GreenJet 3D printer will generate considerable revenue.

Shares of Xoma (Nasdaq: XOMA) continued rising ahead of its presentation at the 25th Annual Piper Jaffray Healthcare Conference on Wednesday, December 4.

Gogo (Nasdaq: GOGO) received a Supplemental Type Certificate to install its Ku-satellite technology for global connectivity service in Boeing 747-400 aircraft beginning in 2014.

On the downside

Zoom Technologies (Nasdaq: ZOOM) fell to a loss for the third quarter. 

Profit taking sank shares of NII Holdings (Nasdaq: NIHD).

A drop in gold prices weighed down shares of AuRico Gold (NYSE: AUQ), Eldorado Gold (NYSE: EGO) and McEwen Mining (NYSE: MUX).

In the broad market, declining issues outpaced advancers by a margin of 5 to 2 on both the NYSE and on Nasdaq. The broader S&P 500 lost 4 points to 1800. Bitcoin climbed $121.37 or 12.62% to $1,083.37.

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