VERO - Gold Falls Sharply; Geron Shares Spike Higher | Benzinga
U.S. stocks traded mixed midway through trading, with the Dow Jones index gaining around 50 points on Friday.
The Dow traded up 0.12% to 38,934.29 while the NASDAQ fell 0.06% to 17,163.20. The S&P 500 also rose, gaining, 0.06% to 5,356.10.
Check This Out: Vail Resorts, DocuSign And 3 Stocks To Watch Heading Into Friday
Leading and Lagging Sectors
Financial shares climbed by 0.8% on Friday.
In trading on Friday, real estate shares dipped by 1.1%.
Top Headline
U.S. wholesale inventories increased by 0.1% month-over-month in April compared to the advance reading of a 0.2% increase and versus a revised 0.5% declined in the previous month.
Equities Trading UP
- Venus Concept Inc. (NASDAQ:VERO) shares shot up 94% to $1.20 on continued upward momentum after the stock regained Nasdaq compliance.
- Shares of Asensus Surgical, Inc. (NYSE:ASXC) got a boost, surging 40% to $0.3291 after the company announced it will be acquired by KARL STORZ for $0.35 per share in cash.
- Geron Corporation (NASDAQ:GERN) shares were also up, gaining 21% to $4.7150. On Thursday, the FDA approved Geron's Rytelo (imetelstat) for adult patients with low-to intermediate-1 risk myelodysplastic syndromes (MDS) with transfusion-dependent anemia.
Equities Trading DOWN
- Biomea Fusion, Inc. (NASDAQ:BMEA) shares dropped 63% to $4.22 after the United States Food and Drug Administration (FDA) ...