In company news, Shutterstock (SSTK) reported Q1 adjusted earnings of $1.00 per diluted share, up from $0.98 a year earlier. Analysts polled by Capital IQ expected $0.86. Shutterstock was recently shedding about 3.6%.
Corning (GLW) was about 5% higher after it reported Q1 core earnings of $0.54 per share, up from $0.45 a year earlier. Analysts polled by Capital IQ expected $0.49.
Macom Technology Solutions Holdings (MTSI) said it secured a contract from the US Department of Defense for the development of a radio frequency transmitter. The company's shares fell about 2.5%.
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