VVOS - Nasdaq Rises 100 Points; RPM International Posts Upbeat Earnings | Benzinga
U.S. stocks traded mixed toward the end of trading, with the Dow Jones index falling over 50 points on Wednesday.
The Dow traded down 0.24% to 32,924.47 while the NASDAQ rose 0.77% to 13,159.47. The S&P 500 also rose, gaining, 0.15% to 4,235.65.
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Leading and Lagging Sectors
Consumer discretionary shares rose by 1.7% on Wednesday.
In trading on Wednesday, energy shares dipped by around 3%.
Top Headline
RPM International Inc (NYSE: RPM) reported better-than-expected first-quarter financial results.
The company said sales grew 4.1% year-over-year to $2.01 billion, exceeding the consensus of $1.97 billion. Adjusted EPS of $1.64 beat the consensus of $1.55.
For the second quarter, the company expects consolidated sales to increase in the low-single-digit percentage range Y/Y and adjusted EBIT to increase in the high-single to low-double-digit percentage range Y/Y.
Equities Trading UP
Pixelworks, Inc. (NASDAQ: PXLW) shares shot up 11% to $1.1833 after reporting preliminary revenue results for the third quarter.
Shares of Gaucho Group Holdings, Inc. (NASDAQ: VINO) got a boost, shooting 29% to $2.4626. Gaucho Group is planning to list two of its retail properties in Argentina, in San Rafael and Cordoba, for sale, priced at $2 million and $0.7 million respectively.
Vivos Therapeutics, Inc. (NASDAQ: VVOS) shares were also up, gaining 86% to $0.3461 after the company announced it executed strategic agreements with Ormco and On Demand Orthodontist to ...