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Saturday, Aug 13, 2022
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Midday Stock Roundup

The S&P 500 slipped 0.2% to 4,441.22 in midday trading.
The Dow Jones Industrial Average dropped 0.2% to 35,284.52 while the Nasdaq was flat at 14,660.21.
The yield on a 10-year Treasury bond increase 2% to 1.283%.
The price of gold decreased 0.2% to $1,785 an ounce.
The price for a barrel of oil fell 1.2% to $65.78.

TECHNOLOGY
Irvine-based memory products maker Netlist Inc. (OTC: NLST) climbed 11% to $6.96 and a $1.5 billion market cap. The shares are still down about 19% since reporting second quarter results on Aug. 3.

Vizio Holding Corp. (NYSE: VZIO) was down 4.8% to $18.92 and a $3.5 billion market cap. The Irvine-based maker of smart TVs has declined by about a third in the past month.

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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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