U.S. stocks traded mixed toward the end of trading, with the S&P 500 and NASDAQ Composite turning higher on Friday.
The Dow traded down 0.28% to 37,607.16 while the NASDAQ rose 0.06% to 14,978.45. The S&P 500 also rose, gaining, 0.11% to 4,785.71.
Check This Out: Lululemon To Rally Over 17%? Here Are 10 Top Analyst Forecasts For Friday
Leading and Lagging Sectors
Energy shares jumped by 1% on Friday.
In trading on Friday, consumer discretionary shares fell by 0.9%.
Top Headline
Delta Air Lines Inc (NYSE: DAL) shares fell more than 8% on Friday following the release of its fourth-quarter results.
The company reported a fourth-quarter FY23 operating revenue growth of 5.9% year-over-year to $14.22 billion and adjusted operating revenue of $13.66 billion (+11.1% Y/Y), beating the consensus of $13.52 billion. Adjusted EPS was $1.28 above the consensus of $1.17.
Delta Air said it sees EPS of $6 – $7 for the current year, versus the $6.56 estimate. In December 2022, DAL said it was on track for its 2024 earnings target of over $7 per share.
Equities Trading UP
Applied UV, Inc. (NASDAQ: AUVI) shares shot up 29% to $2.9470 after the company announced the launch of its Fighter Flex LED solution at the upcoming AHR Expo on Jan. 22.
Shares of Flexsteel Industries, Inc. (NASDAQ: FLXS) got a boost, surging 26% to $22.74 after the ...