VVPR - Nasdaq Surges 100 Points; Manchester United Shares Rise After Q3 Results | Benzinga
U.S. stocks traded mostly higher this morning, with the Nasdaq Composite gaining around 100 points on Wednesday.
The Dow traded up 0.02% to 39,298.72 while the NASDAQ rose 0.53% to 18,526.10. The S&P 500 also rose, gaining, 0.28% to 5,592.62.
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Leading and Lagging Sectors
Information technology shares jumped by 0.7% on Wednesday.
In trading on Wednesday, financials shares fell by 0.3%.
Top Headline
Shares of Manchester United plc (NYSE:MANU) gained around 4% on Wednesday after the company reported results for the third quarter.
The company reported quarterly loss of 31 cents per share which missed the analyst consensus estimate for a loss of 27 cents per share. The company reported quarterly sales of $172.46 million which beat the analyst consensus estimate of $162.92 million.
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