YTEN - Gold Gains 1%; Micron Posts Upbeat Results | Benzinga
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining around 100 points on Thursday.
The Dow traded up 0.84% to 39,844.27 while the NASDAQ rose 0.61% to 16,469.28. The S&P 500 also rose, gaining, 0.56% to 5,254.11.
Check This Out: Micron, Accenture And 3 Stocks To Watch Heading Into Thursday
Leading and Lagging Sectors
Industrials shares jumped by 1% on Thursday.
In trading on Thursday, materials shares rose by just 0.1%.
Top Headline
Micron Technology, Inc. (NASDAQ: MU) reported upbeat results for its second quarter and issued strong third-quarter guidance on Wednesday.
Micron reported first-quarter revenue of $5.82 billion, which beat the consensus estimate of $5.342 billion. The company reported adjusted earnings of 42 cents per share, which easily beat analyst estimates for a loss of 25 cents per share, according to data from Benzinga Pro.
Equities Trading UP
Yield10 Bioscience, Inc. (NASDAQ: YTEN) shares shot up 108% to $0.5046 after the company announced that the USDA-APHIS Biotechnology Regulatory Services determined that the Camelina sativa varieties may be planted and bred in the United States.
Shares of CuriosityStream Inc. (NASDAQ: CURI) got a boost, surging 55% to $0.90 after the company reported financial results for fourth quarter.
Lufax Holding Ltd (NYSE: LU) shares were also up, gaining 40% to $4.7306 following fourth-quarter results.
Equities Trading DOWN
Movella Holdings Inc. (NASDAQ: MVLA) shares ...