VTVT - Nasdaq Falls Over 100 Points; Burlington Shares Jump After Q3 Results | Benzinga
U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling more than 100 points on Tuesday.
The Dow traded down 0.25% to 35,062.35 while the NASDAQ fell 0.81% to 14,168.79. The S&P 500 also fell, dropping, 0.34% to 4,531.77.
Check This Out: CrowdStrike To Rally Around 16%? Here Are 10 Top Analyst Forecasts For Tuesday
Leading and Lagging Sectors
Materials shares surged by 0.6% on Tuesday.
In trading on Tuesday, information technology shares fell by 1.1%.
Top Headline
Shares of Burlington Stores, Inc. (NYSE: BURL) jumped more than 20% on Tuesday after the company reported third-quarter financial results and issued guidance.
Burlington posted adjusted earnings of $1.10 per share, beating market estimates of 99 cents per share. The company’s quarterly sales came in $2.29 billion versus estimates of $2.31 billion.
Equities Trading UP
Anghami Inc. (NASDAQ: ANGH) shares shot up 50% to $2.37. OSN Group announced up to $50 million cash investment in Anghami.
Shares of Symbotic Inc. (NASDAQ: SYM) got a boost, ...