VERO - Gold Moves Lower; Pilgrim's Pride Earnings Top Views | Benzinga
U.S. stocks traded mixed toward the end of trading, with the Dow Jones index turning lower on Monday.
The Dow traded down 0.08% to 39,101.76 while the NASDAQ rose 0.04% to 16,003.09. The S&P 500 also fell, dropping, 0.24% to 5,076.80.
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Leading and Lagging Sectors
Energy shares rose by 0.5% on Monday.
In trading on Monday, utilities shares fell by 1.7%.
Top Headline
Pilgrim's Pride Corporation (NASDAQ: PPC) posted better-than-expected fourth-quarter results.
Pilgrims Pride reported fourth-quarter fiscal 2023 sales growth of 9.7% year-over-year to $4.528 billion, beating the consensus of $4.47 billion. Adjusted EPS was 59 cents, an improvement from a loss of 49 cents, above the consensus of 40 cents.
Equities Trading UP
Akili, Inc. (NASDAQ: AKLI) shares shot up 116% to $0.4782 after the company reported positive results from Shionogi's Phase 3 clinical trial of localized version of Akili's EndeavorRx® for Pediatric ADHD patients in Japan.