STIM - Nasdaq Moves Lower; Great Lakes Dredge & Dock Shares Surge Following Upbeat Earnings | Benzinga
U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite falling around 0.2% on Tuesday.
The Dow traded up 0.01% to 38,857.00 while the NASDAQ fell 0.20% to 16,316.79. The S&P 500 also rose, gaining, 0.03% to 5,182.40.
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Leading and Lagging Sectors
Materials shares rose by 1% on Tuesday.
In trading on Tuesday, consumer discretionary shares fell by 0.8%.
Top Headline
Shares of Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) jumped around 24% on Tuesday following better-than-expected first-quarter financial results.
Great Lakes Dredge & Dock posted quarterly earnings of 31 cents per share, beating market estimates of 7 cents per share. The company's sales came in at $198.66 million versus expectations of $173.50 million.
Equities Trading UP