STKL - Crude Oil Rises Sharply; Citigroup Posts Upbeat Earnings | Benzinga
U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling over 1% on Friday.
The Dow traded down 0.05% to 33,615.27 while the NASDAQ fell 1.22% to 13,409.29. The S&P 500 also fell, dropping, 0.54% to 4,326.19.
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Leading and Lagging Sectors
Energy shares climbed by 1.7% on Friday.
In trading on Friday, information technology shares rose by just 0.1%.
Top Headline
Citigroup Inc (NYSE: C) reported better-than-expected earnings for its third quarter on Friday.
Citigroup reported a third-quarter FY23 net revenue increase of 9% year-over-year to $20.14 billion, beating the consensus of $19.32 billion. EPS of $1.63 beat the consensus of $1.21.
Equities Trading UP
Sigma Additive Solutions, Inc. (NASDAQ: SASI) shares shot up 179% to $6.93 after the company announced the signing of a definitive agreement for the acquisition of NextTrip Holdings, Inc.
Shares of Comtech Telecommunications Corp. (NASDAQ: CMTL) got a boost, shooting 29% to $10.52 after ...