VIRC - Gold Edges Higher; Virco Manufacturing Shares Surge After Q2 Results | Benzinga
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining around 80 points on Monday.
The Dow traded up 0.40% to 34,715.88 while the NASDAQ rose 0.58% to 13,841.50. The S&P 500, also rose, gaining, 0.52% to 4,480.87.
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Leading and Lagging Sectors
Consumer discretionary shares jumped by 1.8% on Monday.
In trading on Monday, information technology shares fell by 0.2%.
Top Headline
Virco Mfg. Corporation (NASDAQ: VIRC) shares jumped around 12% on Monday after the company reported better-than-expected second-quarter earnings.
Virco Mfg posted quarterly earnings of 95 cents per share, beating market estimates of 64 cents per share. The company’s quarterly sales came in at $107.32 million versus expectations of $95.22 million.
Equities Trading UP
NovaBay Pharmaceuticals, Inc. (NYSE: NBY) shares shot up 32% to $0.8199 after the company granted Biostem Technologies the right to commercialize amniotic tissue allograft, which is intended for use as a protective covering during the repair of ocular surfaces.
Shares of Crinetics Pharmaceuticals, Inc. (NASDAQ: CRNX) got a boost, shooting 73% to $27.58 after the company's once-daily oral paltusotine achieved ...