TRVN - Dow Jumps Over 300 Points; Zapp Electric Vehicles Group Shares Spike Higher | Benzinga
U.S. stocks traded mixed toward the end of trading, with the Dow Jones index gaining more than 300 points on Thursday.
The Dow traded up 0.87% to 39,171.26 while the NASDAQ fell 0.65% to 17,745.523. The S&P 500 also fell, dropping, 0.14% to 5,479.13.
Check This Out: Workday To Rally Over 52%? Here Are 10 Top Analyst Forecasts For Thursday
Leading and Lagging Sectors
Energy shares jumped by 2% on Thursday.
In trading on Thursday, information technology shares fell by 1.1%.
Top Headline
The EIA said stocks of crude oil in the U.S. declined by 2.547 million barrels in the week ending June 14, compared to market estimates of a 2.800 million barrels decline.
Equities Trading UP
- MGO Global, Inc. (NASDAQ:MGOL) shares shot up 66% to $0.7601 after the company said it expects the pending acquisition of Spetner Associates to close in the second half of 2024, projecting it to increase annualized revenue to approximately $28 million.
- Shares of Zapp Electric Vehicles Group Limited (NASDAQ:ZAPP) got a boost, surging 129% to $3.09 after the company said it expects first customer deliveries of the i300 in the fourth quarter and anticipates selling over 5,000 units in the fiscal year ending Sept. 30, 2025.
- Femasys Inc. (NASDAQ:FEMY) ...