TKLF - Nasdaq Down Over 50 Points; Colgate-Palmolive Posts Upbeat Results | Benzinga
U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite falling over 50 points on Friday
The Dow traded up 0.05% to 38,069.66 while the NASDAQ fell 0.4% to 15,447.78. The S&P 500 also fell, dropping, 0.15% to 4,886.79.
Check This Out: Snap To Rally Around 17%? Here Are 10 Top Analyst Forecasts For Friday
Leading and Lagging Sectors
Health care shares rose by 0.5% on Friday.
In trading on Friday, information technology shares fell by 1.2%.
Top Headline
Colgate-Palmolive Company (NYSE: CL) reported upbeat fourth-quarter financial results.
Colgate-Palmolive reported fourth-quarter FY23 sales growth of 7% year-on-year to $4.95 billion, beating the analyst consensus estimate of $4.89 billion. Base Business (non-GAAP) EPS of 87 cents beat the analyst consensus of 80 cents.
Equities Trading UP
AppFolio, Inc. (NASDAQ: APPF) shares shot up 26% to $219.29 after the company reported better-than-expected fourth-quarter financial results and issued guidance.
Shares of Corbus Pharmaceuticals Holdings, Inc. (NASDAQ: CRBP) got a boost, surging 317% to $35.27 after the company announced data from the first-in-human clinical study of CRB-701 is being presented as a poster by its development partner CSPC Pharmaceutical at ASCO GU 2024.
eHealth, Inc. (NASDAQ: EHTH) ...