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Thursday, May 30, 2024
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Midday Stock Roundup

The S&P 500 rose 0.4% in midday trading to 2,480.20.

The Dow Jones Industrial Average increased 0.6% to 21,648.70.

The NASDAQ was up 0.1% to 6,417.28.

The yield on a 10-year Treasury bond increased 2.8% to 2.32%.

The price of gold was down 0.2% to $1,252.

HEALTHCARE

Cryoport Inc. (Nasdaq: CYRX) in Irvine jumped 10.1% to $6.32 and a $150 million market cap. It said it expects “significant” revenue growth as a result of an agreement with Novartis to support the first potentially commercialized CAR-T cell therapy.


RETAIL

Tilly’s Inc. (NYSE: TLYS) in Irvine rose 6.8% to $10.25 and a $295 million market cap. Shares of the retail chain of stores have almost doubled since their 52-week low a year ago.

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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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