Disappointing growth of the nation's economy weighed the markets down to a lower close with the Dow falling 40 points to 20,940. Nasdaq eased a point to 6,047.

On the upside

Shares of Cloudera (NYSE: CLDR) surged in its market debut.

The Bancorp (Nasdaq: TBBK) reversed year ago losses to post a profit for the first quarter.

Emerald Expositions Events (NYSE: EEX) stock soared on its first trading day.

On the downside

Shares of Carvana (NYSE: CVNA) plunged on its first trading day.

Time (NYSE: TIME) will not sell itself but will continue pursuing its own strategic plan.

Synchrony Financial (NYSE: SYF) reported lower first quarter earnings that fell short of expectations.

In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 3 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 index lost 4 points to 2,384. Bitcoin dropped $23 to $1296.