YEXT - Crude Oil Moves Higher; Yext Shares Fall After Q1 Results | Benzinga
U.S. stocks traded lower midway through trading, with the Dow Jones index falling by more than 200 points on Tuesday.
The Dow traded down 0.56% to 38,650.35 while the NASDAQ fell 0.09% to 17,177.00. The S&P 500 also fell, dropping, 0.33% to 5,343.26.
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Leading and Lagging Sectors
Information technology shares climbed by 0.5% on Tuesday.
In trading on Tuesday, financials shares fell by 1.5%.
Top Headline
Yext, Inc. (NYSE:YEXT) shares fell around 5% during Tuesday's session after the company reported worse-than-expected first-quarter financial results, issued weak second-quarter guidance and announced it will acquire Hearsay Systems.
Yext reported quarterly earnings of 5 cents per share which missed the analyst consensus estimate of 6 cents. Quarterly sales came in at $96 million which missed the analyst consensus estimate of $96.325 million.
Equities Trading UP