SWBI - Gold Down 1%; CarMax Shares Gain After Q1 Earnings | Benzinga
U.S. stocks traded mixed midway through trading, with the Dow Jones index edging higher on Friday.
The Dow traded up 0.02% to 39,142.01 while the NASDAQ rose 0.08% to 17,735.71. The S&P 500, however, fell 0.05% to 5,470.35.
Check This Out: Apple To Rally Over 14%? Here Are 10 Top Analyst Forecasts For Friday
Leading and Lagging Sectors
Communication services shares jumped by 0.7% on Friday.
In trading on Friday, financial shares fell by 0.7%.
Top Headline
Shares of CarMax Inc (NYSE:KMX) gained around 2% on Friday after the company released first-quarter results.
The company reported a first-quarter FY25 total net sales and operating revenues decline of 7.5% year-on-year to $7.11 billion, missing the analyst consensus estimate of $7.245 billion. EPS of 97 cents topped the consensus estimate 94 cents.
Equities Trading UP
- American Rebel Holdings, Inc. (NASDAQ:AREB) shares shot up 125% to $0.6873 after the company signed a Connecticut distribution agreement with Dichello Distributors.
- Shares of Sharecare, Inc. (NASDAQ:SHCR) got a boost, surging 78% to $1.3750 after the company agreed to be acquired by Altaris affiliate for $1.43 per share in cash.
- Sarepta Therapeutics, Inc. (NASDAQ:SRPT) shares were also up, gaining 37% to $168.98 after the company announced FDA approval of an expansion to the labeled indication for ...