ORCL - Crude Oil Down 4%; Aditxt Shares Spike Higher | Benzinga
U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining over 100 points on Tuesday.
The Dow traded up 0.32% to 36,520.57 while the NASDAQ rose 0.46% to 14,498.23. The S&P 500 also rose, gaining, 0.26% to 4,634.47.
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Leading and Lagging Sectors
Materials shares rose by 0.5% on Tuesday.
In trading on Tuesday, energy shares fell by 1.7%.
Top Headline
Johnson Controls International plc (NYSE: JCI) reported weak results for its fourth quarter.
Johnson Controls reported fourth-quarter FY23 sales growth of 2.7% year-on-year to $6.91 billion (+2% organically), missing the consensus of $7.09 billion. Adjusted EPS of $1.05 (+6% Y/Y) below the consensus of $1.09, according to Benzinga Pro.
Equities Trading UP
Aditxt, Inc. (NASDAQ: ADTX) shares shot up 64% to $6.25. Aditxt agreed to acquire Evofem Biosciences in consideration of the issuance of a combination of common stock and preferred stock and the assumption of certain senior indebtedness, having an aggregate amount of approximately $100 million.
Shares of C4 Therapeutics, Inc. (NASDAQ: CCCC) got a boost, surging 108% to $2.45. C4 Therapeutics entered into an exclusive license ...