Benzinga · Apr 12, 2024
U.S. stocks traded lower toward the end of trading, with the Dow Jones index falling more than 500 points on Friday.
The Dow traded down 1.37% to 37,934.02 while the NASDAQ fell 1.82% to 16,142.15. The S&P 500 also fell, dropping, 1.61% to 5,115.54.
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Leading and Lagging Sectors
Utilities shares fell by just 0.7% on Friday.
In trading on Friday, materials shares dipped by 2%.
Top Headline
BlackRock, Inc. (NYSE: BLK) posted stronger-than-expected earnings for its first quarter.
Revenue growth of 11% Y/Y to $4.728 billion, beating the consensus of $4.676 billion. Adjusted EPS increased 24% Y/Y to $9.81, beating the consensus of $9.32.
Equities Trading UP
PaxMedica, Inc. (NASDAQ: PXMD) shares shot up 106% to $0.8542 after the company announced the completed execution of three pivotal registration/validation batches of PAX-101.
Shares of EZGO Technologies Ltd. (NASDAQ: EZGO) got a boost, surging 31% to $2.04. EZGO entered into a $1.84 million procurement agreement for sale of security patrol robots and platform.
NextPlat Corp (NASDAQ: NXPL) shares were also up, gaining 28% to $1.93 after the company reported a year-over-year increase in FY23 consolidated revenue results. NextPlat announced ...
Benzinga · Apr 12, 2024
U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling more than 1% on Friday.
The Dow traded down 0.82% to 38,143.73 while the NASDAQ fell 1.16% to 16,252.28. The S&P 500 also fell, dropping, 0.98% to 5,147.87.
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Leading and Lagging Sectors
Energy shares rose by 0.9% on Friday.
In trading on Friday, information technology shares fell by 1.4%.
Top Headline
Wells Fargo & Company (NYSE: C) posted stronger-than-expected earnings for its first quarter.
Wells Fargo reported first-quarter earnings per share of $1.20, beating the analyst consensus of $1.09. Quarterly sales of $20.86 billion topped the Wall Street view of $20.20 billion.
Equities Trading UP
PaxMedica, Inc. (NASDAQ: PXMD) shares shot up 158% to $1.07 after the company announced the completed execution of three pivotal registration/validation batches of PAX-101.
Shares of EZGO Technologies Ltd. (NASDAQ: EZGO) got a boost, surging 90% to $2.9690. EZGO entered into a $1.84 million procurement agreement for sale of security patrol robots and platform.
NextPlat Corp (NASDAQ: NXPL) shares were also up, gaining 32% to $1.9987 after the company reported a year-over-year increase in FY23 consolidated revenue results. ...
Benzinga · Apr 12, 2024
U.S. stocks traded lower this morning, with the Dow Jones index falling around 200 points on Friday.
Following the market opening Friday, the Dow traded down 0.54% to 38,249.92 while the NASDAQ fell 0.83% to 16,305.21. The S&P 500 also fell, dropping, 0.62% to 5,166.70.
Check This Out: Best Buy, Box And 2 Other Stocks Insiders Are Selling
Leading and Lagging Sectors
Energy shares rose by 1.1% on Friday.
In trading on Friday, information technology shares fell by 1.1%.
Top Headline
Citigroup Inc (NYSE: C) posted better-than-expected earnings for its first quarter.
Citigroup reported a first-quarter fiscal 2024 revenue decline of 2% year-over-year to $21.10 billion, beating the consensus of $20.39 billion. GAAP EPS of $1.58 beat the consensus of $1.20.
Equities Trading UP
PaxMedica, Inc. (NASDAQ: PXMD) shares shot up 137% to $0.9902 after the company announced the completed execution of three pivotal registration/validation batches of PAX-101.
Shares of Beneficient (NASDAQ: BENF) got a boost, surging 65% to $0.1145 after dipping around 10% on Thursday.
NextPlat Corp (NASDAQ: NXPL) shares were also up, gaining 44% to $2.17 after the company reported a year-over-year increase in FY23 consolidated ...
GlobeNewswire Inc. · Mar 18, 2024
FORT LAUDERDALE, Fla., March 18, 2024 (GLOBE NEWSWIRE) -- Motus GI Holdings, Inc., (NASDAQ: MOTS) (“Motus GI” or the “Company”), a medical technology company focused on improving endoscopic outcomes and experiences, today reported its financial results for the fourth quarter and year ended December 31, 2023, and provided a corporate update.
