TAOP - Nasdaq Turns Lower; Dell Shares Jump | Benzinga
U.S. stocks traded mostly lower midway through trading, following the release of jobs data.
The Dow traded up 0.03% to 34,732.89 while the NASDAQ fell 0.30% to 13,993.40. The S&P 500, also fell, dropping, 0.09% to 4,503.51.
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Leading and Lagging Sectors
Energy shares jumped by 1.6% on Friday.
In trading on Friday, communication services shares fell by 0.6%.
Top Headline
The ISM manufacturing PMI rose to 47.6 in August versus 46.4 in the previous month, exceeding market estimates of 47.0.
Equities Trading UP
Taoping Inc. (NASDAQ: TAOP) shares shot up 42% to $3.23 after the company reported a year-over-year increase in H1 EPS and sales results.
Shares of Dell Technologies Inc. (NYSE: DELL) got a boost, shooting 25% to $70.05 after the company reported better-than-expected second-quarter results and raised its outlook for the year.
Novo Integrated Sciences, Inc. (NASDAQ: NVOS) shares were also up, gaining 41% to $0.1963 after the company announced it received an Underwriting Clearance Notice for a $70 million coupon.
Equities Trading DOWN
Aditxt, Inc. (NASDAQ: ADTX) shares dropped 52% to $25.70 after the company announced a $10 million private placement priced at-the-market under Nasdaq rules.
Shares of Tingo Group, Inc. (NASDAQ: TIO) were down 19% to $1.0501. On Aug. 30, Tingo Group addressed concerns that the Hindenburg ...