SRPT - US Stocks Fall; Pfizer Swings To Q3 Loss | Benzinga
U.S. stocks traded lower this morning, following the release of economic reports.
Following the market opening Tuesday, the Dow traded down 0.25% to 32,845.12 while the NASDAQ fell 0.50% to 12,726.17. The S&P 500 also fell, dropping, 0.14% to 4,161.09.
Check This Out: $2.8M Bet On This Healthcare Stock? Check Out These 4 Stocks Insiders Are Buying
Leading and Lagging Sectors
Communication services shares jumped by 2.1% on Tuesday.
In trading on Tuesday, energy shares rose by just 0.3%.
Top Headline
Pfizer Inc (NYSE: PFE) reported a loss for the third quarter.
Pfizer reported quarterly adjusted EPS loss of $(0.17) versus a consensus loss of $(0.32), down from EPS income of $0.67 in Q2 and $1.78 a year ago. The company reported a 42% slump in Q3 sales to $13.23 billion, down from $22.64 billion a year ago, beating the consensus of $12.72 billion.
Equities Trading UP
SciSparc Ltd. (NASDAQ: SPRC) shares shot up 77% to $6.03 after the company announced it received notice of acceptance from the Australian patent office for its patent application for Combination of Opioids and N-Acylethanolamines for pain treatment.
Shares of Cardio Diagnostics Holdings, Inc. (NASDAQ: CDIO) got a boost, shooting 48% to $0.3165 after the company received an Innovation Technology contract from Vizient for its novel AI-driven precision heart disease ...