PEGY - Dow Dips Over 100 Points; GameStop Shares Spike higher | Benzinga
U.S. stocks traded mixed midway through trading, with the Dow Jones index falling more than 100 points on Tuesday.
The Dow traded down 0.36% to 38,928.04 while the NASDAQ rose 0.48% to 17,001.83. The S&P 500 also rose, gaining, 0.04% to 5,306.91.
Check This Out: This Airbnb Analyst Turns Bullish; Here Are Top 5 Upgrades For Tuesday
Leading and Lagging Sectors
Information technology shares jumped by 1.2% on Tuesday.
In trading on Tuesday, health care shares fell by 1.2%.
Top Headline
Shares of GameStop Corp. (NYSE:GME) jumped around 24% on Tuesday after the company announced late Friday that it had completed its previously disclosed "at-the-market" (ATM) equity offering, selling a maximum of 45 million common shares.
The company raised approximately $933.4 million in gross proceeds, which it intends to use for general corporate purposes, including potential acquisitions and investments.
Equities Trading UP
- Insmed Incorporated (NASDAQ:INSM) shares shot up 112% to $46.62 after the company announced topline results from ASPEN Phase ...