Ukraine concerns sink markets

Concerns of escalating tensions in Ukraine sent the markets tumbling to a sharply lower open with the Dow dropping 94 points to 17,005. Nasdaq fell 16 points to 4,415.

On the upside

A Seeking Alpha contributor noted that Kandi Technologies (Nasdaq: KNDI) was the lead electric vehicle producer and seller in China for the first half of 2014.

Extreme Networks (Nasdaq: EXTR) reported preliminary fourth quarter earnings and revenue that surpassed its previous guidance.

CounterPath (Nasdaq: CPAH) received a patent for its mobile network based authentication methods.

On the downside

EZCORP (Nasdaq: EZPW) appointed chief financial officer Mark Kuchenrither as interim chief executive officer and president.

Six Flags Entertainment (NYSE: SIX) reported higher second quarter earnings but revenue fell short of analyst expectations.

Investors locked in profits on BioFuel Energy (Nasdaq: BIOF).

In the broad market, declining issues outpaced advancers by a margin of nearly 2 to 1 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 lost 7 points to 1970. Bitcoin slipped $3 to $616.

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