SMFL - Dow Surges 100 Points; Elastic Shares Jump After Q2 Results | Benzinga
U.S. stocks traded mixed midway through trading, following the release of manufacturing PMI data.
The Dow traded up 0.30% to 36,059 while the NASDAQ fell 0.05% to 14,218.49. The S&P 500 also rose, gaining, 0.13% to 4,573.87.
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Leading and Lagging Sectors
Energy shares rose by 1.4% on Friday.
In trading on Friday, communication services shares fell by 0.8%.
Top Headline
The ISM manufacturing PMI came in unchanged at 46.7 in November, versus market estimates of 47.6.
Equities Trading UP
Elastic N.V. (NYSE: ESTC) shares shot up 32% to $105.93 after the company reported better-than-expected second-quarter financial results and issued guidance.
Shares of UiPath Inc. (NYSE: PATH) got a boost, shooting 24% to $24.49 after the company reported upbeat third-quarter financial results on Thursday.
Samsara Inc. (NYSE: IOT) shares were also up, gaining 16% to $31.99 after the company reported better-than-expected third-quarter financial results and issued strong guidance.
Equities Trading DOWN
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