SNOA - Dow Dips Over 100 Points; US GDP Growth Tops Expectations | Benzinga
U.S. stocks traded mixed midway through trading, with the Dow Jones index falling more than 100 points on Thursday.
The Dow traded down 0.36% to 32,918.38 while the NASDAQ fell 1.12% to 12,677.56. The S&P 500 also fell, dropping, 0.65% to 4,159.52.
Check This Out: Meta To Rally Over 42%? Here Are 10 Top Analyst Forecasts For Thursday
Leading and Lagging Sectors
Real estate shares rose by 2.2% on Thursday.
In trading on Thursday, communication services shares dipped by 2%.
Top Headline
The U.S. economy grew an annualized 4.9% in the third quarter, higher than market expectations of 4.3% and compared to 2.1% growth in the second quarter.
Equities Trading UP
ABVC BioPharma, Inc. (NASDAQ: ABVC) shares shot up 159% to $2.2057 after the company announced it entered into a term sheet to license the global rights of CNS drugs with the indications of MDD and ADHD to AiBtl BioPharma at the valuation of $667 million.
Shares of Endeavor Group Holdings, Inc. (NYSE: EDR) got a boost, shooting 23% to $21.75 after the company announced a review of strategic alternatives.
Impinj, Inc. (NASDAQ: PI) shares were also up, gaining ...