VERB - Crude Oil Moves Higher; BioNTech Lowers 2023 Sales Outlook | Benzinga
U.S. stocks traded higher midway through trading, with the Dow Jones gaining around 40 points on Monday
The Dow traded up 0.13% to 34,106.99 while the NASDAQ rose 0.16% to 13,499.42. The S&P 500 also rose, gaining, 0.09% to 4,362.35.
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Leading and Lagging Sectors
Health care shares jumped by 0.5% on Monday.
In trading on Monday, real estate shares fell by 1.4%.
Top Headline
BioNTech SE (NASDAQ: BNTX) reported better-than-expected earnings for its third quarter on Monday.
The company posted third-quarter revenues of €895.3 million ($974.49 million), sharply down from €3.461 billion a year ago. Analysts estimated $1.06 billion in sales. The company reported an EPS of €0.67 (around $0.73, beating the consensus of $0.62), a steep decline from €6.98 a year ago.
BioNTech lowers its FY23 Covid-19 vaccine revenue guidance to around €4 billion, down from prior guidance of approximately €5 billion.
Equities Trading UP
Carbon Revolution Public Limited (NASDAQ: CREV) shares shot up ...