U.S. stocks traded higher this morning, with the Dow Jones gaining over 100 points on Friday.
Following the market opening Friday, the Dow traded up 0.37% to 34,016.77 while the NASDAQ rose 0.74% to 13,621.71. The S&P 500 also rose, gaining, 0.47% to 4,367.57.
Check This Out: Costco, Robinhood And 2 Other Stocks Insiders Are Selling
Leading and Lagging Sectors
Information technology shares rose by 1.1% on Friday.
In trading on Friday, health care shares fell by 0.2%.
Wynn Resorts, Limited WYNN reported better-than-expected earnings for its third quarter on Thursday.
Wynn Resorts reported third quarter operating revenue of $1.67 billion, which was up from a total of $889.7 million reported in the prior year’s period. The revenue total beat a Street consensus estimate of $1.585 billion. The company reported adjusted earnings per share of 99 cents, which beat a Street consensus estimate of 75 cents per share.
Equities Trading UP
TRACON Pharmaceuticals, Inc. TCON shares shot up 100% to $0.3200 after the company reported third-quarter financial results.
Shares of INVO Bioscience, Inc. INVO got a boost, shooting 71% to $1.20. NAYA Biosciences and INVO Bioscience named Dr. Peter Kash, Ed.D., MBA as Vice Chairman following closing of their pending merger.
Marpai, Inc. MRAI shares were also up, gaining 57% to $0.6032 after the company filed to withdraw the registration statement on Form S-1. The company confirmed no securities have been sold in connection with the offering contemplated by the Registration Statement.
Equities Trading DOWN
Babcock & Wilcox Enterprises, Inc. BW shares dropped 49% to $1.1894 after the company reported third-quarter financial results.
Shares of Treace Medical Concepts, Inc. TMCI were down 38% to $6.22 after the company reported worse-than-expected third-quarter financial results and lowered FY23 revenue guidance below…
“The adventure of life is to learn. The purpose of life is to grow. The nature of life is to change. The challenge of life is to overcome. The essence of life is to care. The opportunity of like is to serve. The secret of life is to dare. The spice of life is to befriend. The beauty of life is to give.” —William Arthur Ward