SYBX - Nasdaq Jumps Over 100 Points; Pinterest Sales Miss Expectations | Benzinga
U.S. stocks traded mixed midway through trading, with the Nasdaq Composite gaining over 100 points on Friday.
The Dow traded down 0.24% to 38,633.08 while the NASDAQ rose 0.81% to 15,921.72. The S&P 500 also rose, gaining, 0.28% to 5,012.01.
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Leading and Lagging Sectors
Information technology shares rose by 1.2% on Friday.
In trading on Friday, consumer staples shares fell by 0.8%.
Top Headline
On Thursday, Pinterest, Inc. (NYSE: PINS) reported upbeat earnings for its fourth quarter, while sales missed estimates.
The company said it sees first-quarter revenue in the range of $690 million to $705 million versus estimates of $702.36 million.
Equities Trading UP
Intelligent Bio Solutions Inc. (NASDAQ: INBS) shares shot up 145% to $7.05 following second-quarter results.
Shares of Masonite International ...