RLYB - Dow Dips 100 Points; CarMax Earnings Miss Views | Benzinga
U.S. stocks traded mixed midway through trading, with the Dow Jones index falling around 100 points on Thursday.
The Dow traded down 0.35% to 38,328.18 while the NASDAQ rose 0.50% to 16,251.71. The S&P 500 also rose, gaining, 0.03% to 5,162.19.Check This Out: How To Earn $500 A Month From Citigroup Stock Ahead Of Q1 Earnings Report
Leading and Lagging Sectors
Information technology shares rose by 0.1% on Thursday.
In trading on Thursday, financial shares fell by 1.3%.
Top Headline
CarMax Inc (NYSE: KMX) reported weaker-than-expected fourth-quarter earnings.
CarMax reported a fourth-quarter FY24 sales decline of 1.7% year-on-year to $5.63 billion, missing the analyst consensus estimate of $5.79 billion. EPS of 32 cents missed the consensus estimate of 49 cents.
Equities Trading UP
Rallybio Corporation (NASDAQ: RLYB) shares shot up 73% to $2.8150 after the company announced a collaboration with Johnson & Johnson to advance therapeutics for pregnant individuals at risk of FNAIT.