SYF - Dow Jumps 200 Points; Synchrony Financial Posts Upbeat Earnings | Benzinga
U.S. stocks traded mixed toward the end of trading, with the S&P 500 falling over 1% on Wednesday.
The Dow traded up 0.53% to 41,173.41 while the NASDAQ fell 2.51% to 18,044.33. The S&P 500 also fell, dropping, 1.24% to 5,597.06.
Check This Out: Amazon To Rally Around 9%? Here Are 10 Top Analyst Forecasts For Wednesday
Leading and Lagging Sectors
Consumer staples shares jumped by 1.4% on Wednesday.
In trading on Wednesday, information technology shares fell by 3.6%.
Top Headline
Synchrony Financial (NYSE:SYF) reported better-than-expected second-quarter results on Wednesday.
The company posted quarterly net interest income of $4.405 billion, beating the consensus of $4.287 billion. The company reported EPS of $1.55, above the consensus of $1.36.
Equities Trading UP
- Aditxt, Inc. (NASDAQ:ADTX) shares shot up 36% to $2.17. Aditxt and Evofem amended merger agreement.
- Shares of Aehr Test Systems (NASDAQ:AEHR) got a boost, surging 25% to $21.09 after the company reported better-than-expected Q4 financial results and issued FY25 revenue guidance above estimates. Also, the company announced it entered into a stock purchase agreement and made $12.7 million in orders for its FOX WaferPak full ...