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Saturday, Aug 13, 2022

Midday Stock Roundup

The S&P 500 was off 0.6% to 4,186.26 in midday trading Friday.

The Dow Jones Industrial Average declined 0.6% to 33,852.87, while the Nasdaq fell 0.5% to 14,007.06.

Crude oil slide 2.1% to $63.64.

Gold was down 0.2% to $1,765.60.

The yield on a 10-year Treasury decreased 0.5% to 1.63%.


Irvine-based Skyworks Solutions Inc. (Nasdaq: SWKS) fell 7.8% to $182.51, a day after the company provided guidance for the current quarter seen as disappointing to some. The chipmaker had a recent market cap of $30.2 billion, and is OC’s third-most valuable public company.


Shares of Vizio Holding Corp. (NYSE: VZIO) continued their slide from Thursday, down 7.8% to $23.98 for a market cap of $4.4 billion. The maker of connected TVs and digital advertising services is up 15% since going public in March.


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