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Thursday, Mar 28, 2024
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Midday Stock Roundup

The S&P 500 was up 0.1% in midday trading to 2,389.41.

The Dow Jones Industrial Average was up 0.1% to 20,986.24.

The NASDAQ was up 0.3% to 6,045.47.

The yield on a 10-year Treasury bond fell 0.9% to 2.29%.

The price of gold rose 0.1% to $1,266.

REAL ESTATE

New Home Co. Inc. in Aliso Viejo was up 10% to $11.68 and a $244 million market cap. The home builder earned $800,000 on revenue of $125 million in its most recent quarter, compared with loss of $800,000 on revenue of $86 million, year-over-year. Both revenue and profits exceeded company guidance and analyst expectations.

HEALTHCARE

ChromaDex Corp. in Irvine was up 14% to $2.87 and a $108 million market cap. The ingredients maker said a China-based investor would buy $25 million of its common stock in a private placement.

TECHNOLOGY

Lantronix was up 7% to $3.20 and a $56 million market cap. The maker of Internet of Things and IT products is scheduled to release quarterly results after markets close today.

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