NVOS - Dow Surges 250 Points; MongoDB Shares Plummet | Benzinga
U.S. stocks traded mixed toward the end of trading, with the Dow Jones index gaining around 250 points on Friday.
The Dow traded up 0.66% to 38,361.37 while the NASDAQ dipped 1.30% to 16,519.04. The S&P 500 also fell, dropping, 0.36% to 5,216.72.
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Leading and Lagging Sectors
Energy shares rose by 2% on Friday.
In trading on Friday, information technology shares fell by 1.5%.
Top Headline
The total number of active U.S. oil rigs slipped by 1 to 496 rigs this week, Baker Hughes Inc reported.
Equities Trading UP
- Novo Integrated Sciences, Inc. (NASDAQ:NVOS) shares shot up 153% to $1.1359 after the company approved a $5 million stock repurchase. The company’s board is conducting a review to determine whether it is appropriate to increase the amount under the repurchase program.
- Shares of Ambarella, Inc. (NASDAQ:AMBA) got a boost, surging 18% to $57.15 following strong first-quarter earnings and upbeat second-quarter guidance.
- The Gap, Inc. (NYSE:GPS) shares were also up, gaining 28% to $28.83 after reporting strong quarterly results
Equities Trading DOWN
- MongoDB, Inc. (NASDAQ:MDB) shares dropped 25% to $232.99 ...