TCS - Nasdaq Edges Higher; Cutera Shares Jump | Benzinga
U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite turning higher on Tuesday.
The Dow traded down 0.53% to 37,484.13 while the NASDAQ rose 0.15% to 14,866.50. The S&P 500 also fell, dropping, 0.17% to 4,755.48.
Check This Out: How To Earn $500 A Month From Bank of America Stock Ahead Of Q4 Earnings Report
Leading and Lagging Sectors
Information technology shares rose by 0.3% on Tuesday.
In trading on Tuesday, energy shares fell by 1.6%.
Top Headline
Albertsons Companies Inc (NYSE: ACI) posted upbeat results for its third quarter.
Albertsons Companies reported third-quarter FY23 sales growth of 2.2% year-on-year to $18.56 billion, beating the analyst consensus estimate of $18.37 billion. Adjusted EPS of $0.79 beat the consensus estimate of $0.65.
Equities Trading UP
Cutera, Inc. (NASDAQ: CUTR) shares shot up 32% to $4.35 after the company reported preliminary FY23 revenue guidance above prior estimates.
Shares of Juniper Networks, Inc. (NYSE: JNPR) got a boost, surging 22% to $36.96. Hewlett Packard Enterprise Co (NYSE: HPE) is reportedly in advanced discussions to acquire networking equipment competitor Juniper Networks.
Accolade, Inc. ...