VERV - Dow Surges 100 Points; Tenax Therapeutics Shares Spike Higher | Benzinga
U.S. stocks traded mostly higher midway through trading, with the Dow Jones gaining around 100 points on Monday.
The Dow traded up 0.33% to 34,397 while the NASDAQ fell 0.06% to 13,790. The S&P 500 also rose, gaining, 0.09% to 4,419.
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Leading and Lagging Sectors
Energy shares surged by 0.7% on Monday.
In trading on Monday, utilities shares fell by 1%.
Top Headline
Tyson Foods, Inc. (NYSE: TSN) posted better-than-expected earnings for its fourth quarter.
Tyson Foods posted quarterly earnings of 37 cents per share, beating market estimates of 29 cents per share. The company’s quarterly sales came in $13.35 billion, versus expectations of $13.73 billion.
Tyson said it sees total company adjusted operating income of $1 billion to $1.5 billion in FY24.
Equities Trading UP
Tenax Therapeutics, Inc (NASDAQ: TENX) shares shot up 179% to $0.4330 after the company received FDA clearance of the IND for TNX-103, an oral levosimendan, to treat pulmonary hypertension with heart failure with preserved ejection fraction (PH-HFpEF).
Shares of ...