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Tuesday, Sep 17, 2024
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Midday Stock Roundup

 

The S&P 500 was up 0.1% at 4,132.90 during midday trading.

The Dow Jones Industrial Average fell 0.5% to 33,576.78.

The Nasdaq climbed 0.6% to 13,933.64.

The yield on a 10-year Treasury bond decreased 1.5% to 1.65%.

The price of gold rose 0.7% to $1,745.

The price for a barrel of oil increased 0.8% to $60.16.

SERVICES

Irvine-based Montrose Environmental Group Inc. (NYSE:MEG), a provider of environmental consulting services,  rose 5.3% to $55.67 per share for a market cap of $1.4 billion. Financial website InvestorsObserver.com said earlier today that “analysts expect the stock to decline 8.46% over the next 12 months.”

HEALTHCARE

Irvine-based medical device maker ClearPoint Neuro Inc. (Nasdaq: CLPT) fell 4.8% to $20.45 per share for a market cap of $423 million. SimplyWallSt.com said yesterday that financial analysts “expect the company to post a final loss in 2022, before turning a profit of $9.9 million in 2023.” The company’s shares have gained 29% since the start of the year.

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Kevin Costelloe
Kevin Costelloe
Tech reporter at Orange County Business Journal
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