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Dow Surges Over 100 Points; EyePoint Pharmaceuticals Shares Plunge
U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining more than 100 points on Monday.
The Dow traded up 0.35% to 38,811.58 while the NASDAQ rose 0.95% to 16,309.74. The S&P 500 also rose, gaining, 0.82% to 5,169.93.
Leading and Lagging SectorsEnergy shares rose by 1.5% on Monday.
In trading on Friday, consumer staples shares fell by 0.4%.
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Shares of Spirit Airlines, Inc. (NYSE:SAVE) fell sharply during Monday’s session after reporting first-quarter results.
Spirit Airlines reported a first-quarter fiscal 2024 revenue decline of 6.2% Y/Y to $1.265 billion, marginally missing the consensus of $1.269 billion. Adjusted EPS loss was $(1.46), down from $(0.82), missing the consensus of $(1.45).
Equities Trading UP
Perficient, Inc. (NASDAQ:PRFT) shares shot up 53% to $73.38 after ...