RRGB - Gold Gains 1%; Best Buy Posts Upbeat Earnings | Benzinga
U.S. stocks traded lower toward the end of trading, with the Dow Jones index falling more than 300 points on Thursday.
The Dow traded down 0.83% to 38,122.78 while the NASDAQ fell 0.67% to 16,807.02. The S&P 500 also fell, dropping, 0.36% to 5,247.83.
Check This Out: How To Earn $500 A Month From Nvidia Stock Following Strong Earnings Report
Leading and Lagging Sectors
Real estate shares rose by 1.3% on Thursday.
In trading on Thursday, information technology shares dipped by 1.3%.
Top Headline
Best Buy Co., Inc (NYSE:BBY) reported better-than-expected earnings for its fiscal first quarter.
The company posted adjusted EPS of $1.20, beating the street view of $1.08. Quarterly sales of $8.85 billion missed the analyst consensus of $8.96 billion. The firm approved a regular quarterly dividend of $0.94 per share.
Equities Trading UP
Foot Locker, Inc. (NYSE:FL) shares shot up 19% to $26.70 following a first-quarter earnings beat.
Shares of Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) got a boost, surging 15% to $7.71 following first-quarter results.
OneMedNet Corporation (NASDAQ:ONMD) shares were also up, gaining 29% to $2.52 after the company announced that it has entered into a non-exclusive three-year Master Services ...