RNLX - Nasdaq Rises Over 100 Points; Accenture Shares Fall After Q4 Results | Benzinga
U.S. stocks traded higher toward the end of trading, with the Dow Jones gaining over 100 points on Thursday.
The Dow traded up 0.40% to 33,683.43 while the NASDAQ rose 0.95% to 13,217.46. The S&P 500 also rose, gaining, 0.69% to 4,303.95.
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Leading and Lagging Sectors
Communication services shares rose by 1.4% on Thursday.
In trading on Thursday, utilities shares fell by 1.4%.
Top Headline
Shares of Accenture (NYSE: ACN) fell more than 4% on Thursday after the company reported mixed fourth-quarter financial results and issued weak FY24 adjusted EPS guidance.
The company reported quarterly revenue growth of 4% Y/Y to $15.98 billion, missing the consensus of $16.07 billion. Adjusted EPS of $2.71 beat the consensus of $2.66.
Accenture expects FY24 revenue growth of 2%-5% in local currency and adjusted EPS of $11.97-$12.32 vs. consensus of $12.46.
Equities Trading UP
Bionomics Limited (NASDAQ: BNOX) shares shot up 280% to $3.7202 after the company announced the ATTUNE trial met its primary endpoint showing BNC210 treatment led to a statistically significant reduction in total PTSD symptom severity at 12 weeks.
Shares of Baudax Bio, Inc. (NASDAQ: BXRX) got a boost, shooting 69% to $0.5060 after the company announced it was granted orphan drug ...