SPRB - Crude Oil Moves Higher; Dollar General Posts Upbeat Earnings | Benzinga
U.S. stocks traded lower midway through trading, with the Dow Jones index falling more than 100 points on Thursday.
The Dow traded down 0.30% to 38,926.22 while the NASDAQ fell 0.44% to 16,107.04. The S&P 500 also fell, dropping, 0.39% to 5,145.38.
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Leading and Lagging Sectors
Energy shares jumped by 0.4% on Thursday.
In trading on Thursday, real estate shares fell by 0.6%.
Top Headline
Dollar General Corp (NYSE: DG) posted better-than-expected earnings for its fourth quarter on Thursday.
The company reported a four-quarter FY23 sales decline of 3.4% year-on-year to $9.858 billion, beating the analyst consensus estimate of $9.783 billion. EPS of $1.83 beat the consensus estimate of $1.75.
Equities Trading UP
Turtle Beach Corporation (NASDAQ: HEAR) shares shot up 27% to $13.99 after the company announced the acquisition of PDP and its intention to launch a modified "Dutch Auction" Tender Offer. The company also reported fourth-quarter financial results.
Shares of VAALCO Energy, Inc. (NYSE: EGY) got a boost, surging 24% to $5.51 after the company reported better-than-expected fourth-quarter ...