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Wednesday, Sep 18, 2024
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Midday Stock Roundup

The S&P 500 was down 0.6% to 2,953.91 at midday trading.

The Dow Jones Industrial Average fell 0.3% to 24,502.51.

Nasdaq slid 0.7% to 9,310.51.

Crude oil rose 0.6% to $33.68 a barrel.

The price of gold fell 1.7% to $1,722 per ounce.

The yield on a 10-year bond was down 1.2% to 0.71%.

REAL ESTATE

TRI Pointe Group Inc. (NYSE: TPH) rose 4.5% to $13.40 a share with a $1.77 billion market cap. The Irvine-headquartered home builder was trading at less than a quarter of its average volume—600,000 shares compared to 2.7 million. The shares have doubled since mid-March when the stock dropped below $7.

RETAIL

Boot Barn Holdings Inc. (NYSE:BOOT) fell 4.7% at midday to $21.40 a share with a $614 million market cap. The Irvine-based retailer of boots and other apparel yesterday reported fourth quarter revenue and earnings that missed analyst estimates.

TECHNOLOGY

TTM Technologies Inc. (Nasdaq: TTMI) descended 3.4% to $11.37 a share with a $1.2 billion market cap. Shares of the Santa Ana-based manufacturer of printed circuit boards have risen almost 30% since March 23.

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