BNZI - Dow Turns Lower; ISM Services PMI Falls In December | Benzinga
U.S. stocks traded mixed midway through trading, with the Dow Jones index falling around 70 points on Friday.
The Dow traded down 0.19% to 37,369.52 while the NASDAQ rose 0.16% to 14,533.16. The S&P 500 also rose, gaining, 0.12% to 4,694.09.
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Leading and Lagging Sectors
Consumer discretionary shares jumped by 0.9% on Friday.
In trading on Friday, health care shares rose by just 0.1%.
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The ISM services PMI declined to 50.6 in December, recording the weakest reading in seven months, versus November’s reading of 52.7.
Equities Trading UP
Dermata Therapeutics, Inc. (NASDAQ: DRMA) shares shot up 24% to $0.7593 after the company announced the issuance of a new patent in Japan for its DMT410 program for hyperhidrosis (excessive sweating that's not always related to heat or exercise).
Shares of Banzai International, Inc. (NASDAQ: BNZI) got a boost, surging 94% to $3.2141. Banzai International signed a non-binding letter of intent to acquire IGLeads, a cutting-edge automated lead generation platform.
Revelstone Capital Acquisition Corp. (NASDAQ: RCAC) shares were also up, gaining 90% to $10.74. Revelstone Capital Acquisition cancelled special meeting to approve business combination with Set Jet, Inc.
Equities Trading DOWN
Applied Therapeutics, Inc. (NASDAQ: APLT) shares dropped 35% to $2.4750 after the company released ...