PBLA - Crude Oil Moves Lower; Micron Issues Strong Forecast | Benzinga
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 100 points on Thursday.
The Dow traded up 0.58% to 37,296.40 while the NASDAQ rose 0.77% to 14,891.87. The S&P 500 also rose, gaining, 0.68% to 4,730.26.
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Leading and Lagging Sectors
Health care shares jumped by 1% on Thursday.
In trading on Thursday, energy shares fell by 0.1%.
Top Headline
Micron Technology, Inc. (NASDAQ: MU) reported mixed first-quarter financial results and issued strong guidance on Wednesday.
Micron reported first-quarter revenue of $4.73 billion, which beat the consensus estimate of $4.27 billion. The company reported a quarterly loss of 95 cents per share, which missed analyst estimates for a loss of 91 cents per share, according to Benzinga Pro.
Equities Trading UP
ParaZero Technologies Ltd. (NASDAQ: PRZO) shares shot up 29% to $1.5928 after the company appointed Nir Ben Moshe, a former senior director in the Israeli Ministry of Defense, as a specialist advisor.
Shares of HOOKIPA Pharma Inc. (NASDAQ: HOOK) got a boost, surging 73% to $0.9771 after the company announced a $21.25 million equity investment from Gilead ...