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Friday, Dec 9, 2022
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Midday Stock Roundup

The S&P; 500 fell 0.2% to 4,297.62 in midday trading.

The Dow 30 was off 0.2% to 33,544.85 while the Nasdaq declined 0.7% to 13,287.15.

Crude oil increased 0.1% to $91.97 a barrel.

Gold was up 0.3% to $1,912 an ounce.

The 10-year bond increased 1.23% to 1.974%.

MEDICAL DEVICES

San Clemente-based Glaukos Corp. (NYSE: GKOS) rose 6.8% to $52.40 and a $2.5 billion market cap. The maker of medical devices and medications to treat glaucoma yesterday reported fourth-quarter sales that topped analyst estimates. It forecast 2022 sales ranging from $265 million to $275 million; analysts’ consensus was $265.5 million.

TECHNOLOGY

Indie Semiconductor Inc. (Nasdaq: INDI) increased 2% to $7.81 and a $872 million market cap. The Aliso Viejo-based maker of semiconductors yesterday reported fourth-quarter results that exceeded its forecast and analysts’ consensus estimates. 

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