ZM - US Stocks Mixed; Zoom Video Posts Upbeat Eatnings | Benzinga
U.S. stocks traded mixed this morning, with the Dow Jones index gaining around 0.1% on Tuesday.
Following the market opening Tuesday, the Dow traded up 0.11% to 39,849.86 while the NASDAQ fell 0.23% to 16,756.45. The S&P 500 also fell, dropping, 0.05% to 5,305.70 .
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Leading and Lagging Sectors
Health care shares rose by 0.4% on Tuesday.
In trading on Tuesday, information technology shares fell by 0.4%.
Top Headline
Zoom Video Communications Inc (NASDAQ:ZM) reported stronger-than-expected earnings for its first quarter on Monday.
Zoom reported first-quarter revenue of $1.14 billion, beating the consensus estimate of $1.13 billion. The communications company reported adjusted earnings of $1.35 per share, beating analyst estimates of $1.20 per share.
Equities Trading UP
- MGO Global, Inc. (NASDAQ:MGOL) shares shot up 168% to $0.6129 after the company posted first-quarter results.
- Shares of ...