VERX - S&P 500 Moves Higher; Hayward Holdings Shares Jump On Upbeat Results | Benzinga
U.S. stocks traded mixed toward the end of trading, with the S&P 500 gaining around 0.3% on Thursday.
The Dow traded down 0.08% to 38,919.26 while the NASDAQ rose 0.53% to 16,032.35. The S&P 500 also rose, gaining, 0.30% to 5,084.84.
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Leading and Lagging Sectors
Real estate shares rose by 1.2% on Thursday.
In trading on Thursday, health care shares fell by 0.6%.
Top Headline
Shares of Hayward Holdings, Inc. (NYSE: HAYW) surged over 17% on Thursday after the company reported better-than-expected fourth-quarter results.
Hayward Holdings posted adjusted earnings of 20 cents per share, beating market estimates of 18 cents per share. The company’s quarterly sales came in at $278.47 million versus expectations of $271.92 million.
Equities Trading UP
Societal CDMO, Inc. (NASDAQ: SCTL) shares shot up 130% to $1.06. Privately held CoreRx Inc. will acquire Societal CDMO, a contract development and manufacturing organization.
Shares of Enveric Biosciences, Inc. (NASDAQ: ENVB) got a boost, surging 125% to $1.87. Enveric Biosciences signed a non-binding term sheets to pursue the exclusive out-licensing of three classes of compounds.
Vertex, Inc. (NASDAQ: ...