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Thursday, Dec 7, 2023

Midday Stock Roundup

The S&P 500 was down 0.2% in midday trading to 2,469.49.

The Dow Jones Industrial Average was flat at 21,798.79.

The NASDAQ was down 0.1% to 6,377.02.

The yield on a 10-year Treasury bond fell 0.4% to 2.30%.

The price of gold was up 0.7% to $1,275.


CalAtlantic Group Inc. in Irvine declined 5.3% to $36.05 and a $4 billion market cap. The home builder and developer reported quarterly revenue that met analyst expectations but net income that did not.


BJ’s Restaurants Inc. in Huntington Beach was down 1.2% to $33.83 and a $731 million market cap. The casual dining chain missed analyst expectations on revenue and income; shares fell about 7% this week in sessions prior to its report yesterday after markets closed.

Del Taco Restaurants Inc. in Lake Forest rose 5% to $13.36 and a $515 million market cap. Quarterly revenue and net income each grew about 9%; same store sales were about 7%. Del Taco said limited time offers and its revamped breakfast menu drove results.


Acacia Research Group Corp. in Newport Beach was down 14.5% to $3.55 and a $180 million market cap. The patent servicing company reported quarterly revenue of $16.5 million, down from $41.4 million last year.

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