EOSE - US Stocks Mixed; Costco Posts Upbeat Earnings | Benzinga
U.S. stocks traded mixed this morning, with the Dow Jones index falling around 75 points on Friday.
The Dow traded down 0.20% to 37,173.96 while the NASDAQ rose 0.31% to 14,806.71. The S&P 500 also fell, dropping, 0.19% to 4,710.37.
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Leading and Lagging Sectors
Information technology shares rose by 0.3% on Friday.
In trading on Friday, utilities shares fell by 0.9%.
Top Headline
Costco Wholesale Corporation (NASDAQ: COST) posted upbeat earnings for its first quarter and announced a special cash dividend of $15 per share on Thursday.
Costco said first-quarter net sales increased 6.1% year-over-year. The company reported quarterly revenue of $57.8 billion, which beat the consensus estimate of $57.72 billion. The retailer reported adjusted quarterly earnings of $3.48 per share, which beat analyst estimates of $3.42 per share.
Equities Trading UP
Getaround, Inc. (NYSE: GETR) shares shot up 109% to $0.3580 after the company reported a year-over-year increase in third-quarter financial results.
Shares of Battalion Oil Corporation (NYSE: BATL) got a boost, surging 83% to $9.65 after the company announced it will be acquired by Fury Resources.
Bruush Oral Care Inc. (NASDAQ: BRSH) shares were ...