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Saturday, Dec 3, 2022
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Midday Stock Roundup

S&P 500 declined 0.1% to 4,397.23 in midday trading.
The Dow Jones Industrial Average lost 0.4% to 34,937.03.
The Nasdaq climbed 0.7% to 14,721.28.
The yield on a 10-year Treasury bond increased 1.8% to 1.256%.
The price of gold was flat at $1,801.50 an ounce.
The price for a barrel of oil was up 1.1% to $72.42.

 

RESTAURANTS

BJ’s Restaurants Inc. (Nasdaq: BJRI) dropped 8.3% to $41.69 and a $959 million market cap. The Huntington Beach franchise owner is scheduled to release second-quarter earnings tomorrow after the close. The shares are still up more than twice the price from a year ago.

MEDICAL DEVICE MAKERS
Inari Medical Inc. (Nasdaq: NARI) climbed 4.6% to $89.67 and a $4.5 billion market cap. The website Motley Fool said the Irvine-based maker of blood clot removal devices is “an unusual bargain” because of its 90% gross margins and its 100% sales growth.

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Peter J. Brennan
Peter J. Brennan
Peter J. Brennan has been a journalist for 40 years. He spent a decade in Latin America covering wars, narcotic traffickers, earthquakes, and business. His resume includes 15 years at Bloomberg News where his headlines and articles sometimes moved the market caps of companies he covered by hundreds of millions of dollars. His articles have been published worldwide, including the New York Times and the Washington Post; he's appeared on CNN, CBC, BBC, and Bloomberg TV. He was awarded a Kiplinger Fellowship at The Ohio State University.
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