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Saturday, Mar 25, 2023
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Midday Stock Roundup

The S&P 500 was down 0.4% in midday trading to 2,769.96.

The Dow Jones Industrial Average fell 0.6% to 24,941.43.

The Nasdaq was off 0.2% to 7,733.20.

The yield on a 10-year Treasury bond increased 0.1% to 2.93%.

The price of gold was up 0.2% to $1,281.

TECHNOLOGY

Newport Beach-based Clean Energy Fuels Corp. (Nasdaq: CLNE) rose 5.9% to $3.08 and a $470 million market cap. On June 16, the Motley Fool investing website cited Clean Energy as one of three stocks “that could put Tesla’s returns to shame.” Shares of the operator of renewable natural-gas fueling stations have more than doubled since a 52-week low in March.

Costa Mesa-based Veritone Inc. (Nasdaq: VERI) climbed 2.2% to $23.56 and a $385 million market cap. Shares of the company, which has an online ad-placement business and is trying to expand into artificial intelligence, have climbed 79% since April 5, when it announced a new version of its artificial-intelligence operating system.

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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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