Stocks Mixed; NetSol Soars, Kite Pharma Sinks

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The Dow Jones industrial average rose six points in Thursday trading to close at 17,408.

The S&P 500 fell three points to 2,083.

The Nasdaq fell 11 points to 5,034.

The LABJ Stock Index was flat at 236.

Gainers and Losers

Thursday’s biggest local gainer was NetSol Technologies Inc. Shares of the Calabasas company, which makes software for the financial services industry, rose 11 percent on the day, closing at $5.62.

The day’s biggest loser was Santa Monica cancer drug developer Kite Pharma Inc. Shares fell 9 percent on the day, closing at $60.08. Earlier in the week, the company reported a second-quarter loss that was larger than analysts expected.

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