VVPR - Crude Oil Surges Over 1%; US Factory Orders Increase In February | Benzinga
U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling more than 1% on Tuesday.
The Dow traded down 1.05% to 39,152.47 while the NASDAQ fell 1.17% to 16,205.37. The S&P 500 also fell, dropping, 0.89% to 5,196.96.
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Leading and Lagging Sectors
Energy shares jumped by 0.6% on Tuesday.
In trading on Tuesday, health care shares fell by 1.7%.
Top Headline
U.S. factory orders increased by 1.4% from the prior month to $576.8 billion in February, following a revised 3.8% decline in January.
Equities Trading UP
VivoPower International PLC (NASDAQ: VVPR) shares shot up 266% to $5.35 after the company's Tembo subsidiary announced it will merge with the Nasdaq-listed Cactus Acquisition Corp. 1 Limited.
Shares of VirTra, Inc. (NASDAQ: VTSI) got a boost, surging 41% to $13.43 after the company reported better-than-expected fourth-quarter results.
MSP Recovery, Inc. (NASDAQ: LIFW) shares were also up, gaining 28% to $0.8520 after a 13G filing showed Palantir Technologies reported a 6.5% stake in the company as of March 22, 2024.