PFSW - Crude Oil Rises Sharply; BIOLASE Shares Plunge | Benzinga
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining around 100 points on Thursday.
The Dow traded up 0.61% to 34,784.94 while the NASDAQ rose 0.71% to 13,911.78. The S&P 500, also rose, gaining, 0.64% to 4,495.82.
Check This Out: Top 5 Tech And Telecom Stocks You May Want To Dump In Q3
Leading and Lagging Sectors
Energy shares jumped by 1.2% on Thursday.
In trading on Thursday, health care shares rose by just 0.1%.
Top Headline
U.S. initial jobless claims rose by 3,000 to 220,000 in the week ending Sept. 9, versus market estimates of 225,000.
Equities Trading UP
First Wave BioPharma, Inc. (NASDAQ: FWBI) shares shot up 59% to $0.6899 after the company announced license agreement for capeserod from Sanofi.
Shares of PFSweb, Inc. (NASDAQ: PFSW) got a boost, shooting 48% to $7.43 after GXO Logistics announced it will acquire the company.
MYT Netherlands Parent B.V. (NASDAQ: MYTE) shares were also up, gaining 16% to $4.36 after the company reported fourth-quarter financial results.
Equities Trading DOWN
IBEX Limited (NASDAQ: IBEX) shares dropped 21% to $14.40 after the company ...