THRM - Crude Oil Moves Higher; Exelon Earnings Top Estimates | Benzinga
U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling around 0.5% on Wednesday.
The Dow traded down 0.16% to 38,503.94 while the NASDAQ fell 0.47% to 15,557.94. The S&P 500 also fell, dropping, 0.11% to 4,969.94.
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Leading and Lagging Sectors
Energy shares rose by 1.5% on Wednesday.
In trading on Wednesday, information technology shares fell by 1%.
Top Headline
Exelon Corp (NASDAQ: EXC) reported better-than-expected fourth-quarter financial results and increased its quarterly dividend.
Exelon reported fourth-quarter fiscal 2023 operating revenue growth of 15% year-over-year to $5.37 billion, beating the estimates of $4.17 billion. Adjusted EPS improved to 60 cents from 43 cents in 2022, beating the estimate of 58 cents.
Equities Trading UP
MediaAlpha, Inc. (NYSE: MAX) shares shot up 18% to $18.71 after the company reported better-than-expected fourth-quarter financial results.
Shares of Gentherm Incorporated (NASDAQ: THRM) ...