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Saturday, Aug 13, 2022
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Midday Stock Roundup

The S&P 500 was up 0.2% to 3,924.95 in midday trading Friday.

The Dow Jones Industrial Average declined 0.4% to 32,728.49, while the Nasdaq increased 1% to 13,246.9.

Crude oil rose 1.98% to $61.19.

Gold was up 0.4% to $1,739.40.

The yield on a 10-year Treasury was down 0.8% to 1.72%.

TECHNOLOGY

Shares of Irvine ad tech maker Viant Technology Inc. (Nasdaq: DSP) rose 16.4% to $56.79 for a market cap of $3.3 billion. The company’s down 1.8% from its IPO launch last month.

 

FINANCE

Foothill Ranch-based loanDepot Inc. (NYSE: LDI) rose 7.4% to $21.89 for a market cap of $2.8 billion. The company’s stock, which was trading on volume lower than its daily average, is down about 30% since its initial public offering last month.

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