VTVT - Nasdaq Down 50 Points; US Crude Stocks Rise By 4.2M Barrels | Benzinga
U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling around 50 points on Wednesday.
The Dow traded down 0.19% to 38,899.92 while the NASDAQ fell 0.31% to 15,985.25. The S&P 500 also fell, dropping, 0.11% to 5,072.67.
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Leading and Lagging Sectors
Real estate shares rose by 1.1% on Wednesday.
In trading on Wednesday, health care shares fell by 0.8%.
Top Headline
U.S. crude oil inventories increased by 4.199 million barrels in the week ending Feb. 23, versus market estimates of a 2.743 million gain, the EIA said.
Equities Trading UP
Vivani Medical, Inc. (NASDAQ: VANI) shares shot up 301% to $4.05 after the company announced preclinical data on weight loss effects for NPM-115 and disclosed that semaglutide is the active pharmaceutical ingredient in NPM-139.
Shares of Adial Pharmaceuticals, Inc. (NASDAQ: ADIL) got a boost, surging 164% to $2.2350. Adial Pharmaceuticals secured new US patent covering lead product for alcohol use disorder.
vTv Therapeutics Inc. (NASDAQ: VTVT) shares were also up, gaining 136% to $19.61 after the ...