VVOS - Nasdaq Surges Over 100 Points; US Economy Expands Faster Than Expected | Benzinga
U.S. stocks traded higher this morning, with the Nasdaq Composite gaining more than 100 points on Wednesday.
Following the market opening Wednesday, the Dow traded up 0.13% to 35,461.86 while the NASDAQ rose 0.88% to 14,406.93. The S&P 500 also rose, gaining, 0.57% to 4,580.99.
Check This Out: How To Earn $500 A Month From NVIDIA Stock After Last Week's Strong Earnings Report
Leading and Lagging Sectors
Real estate shares rose by 1.2% on Wednesday.
In trading on Wednesday, consumer staples shares fell by 0.2%.
Top Headline
The US economy grew an annualized 5.2% in the third quarter, compared to 4.9% in the preliminary estimate, and higher than market estimates of 5%.
Equities Trading UP
Vivos Therapeutics, Inc. (NASDAQ: VVOS) shares shot up 162% to $11.61 after the company received first ever FDA 510(k) clearance for oral device treatment of severe obstructive sleep apnea.
Shares of China Pharma Holdings, Inc. (NYSE: CPHI) got a boost, shooting 114% to $0.2129. China Pharma reported completion of third party testing of dry eye disease therapeutic device.
Envoy Medical, Inc. (NASDAQ: COCH) shares were also up, gaining 55% to $2.75. Envoy Medical, last week, reported a profit for the third quarter.
Equities Trading DOWN
BioVie ...