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Wednesday, Aug 10, 2022
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Midday Stock Roundup

The S&P 500 was up 0.4% in midday trading to 2,373.91.

The Dow Jones Industrial Average rose 0.3% to 20,878.23.

The NASDAQ increased 0.3% to 5,871.80.

The yield on a 10-year Treasury bond fell 0.7% to 2.58%.

The price of gold was flat at $1,203.

SERVICES

Acacia Research Corp. in Newport Beach climbed 3.9% to $5.30 and a $267 million cap. Shares have recovered today some ground lost when the patent licensor reported a fourth-quarter loss this week.

TECHNOLOGY

Lantronix Inc. in Irvine rose 4.8% to $3.05 and a $53 million market cap. Small-cap researcher SeeThruEquity this week boosted its target price to $5 and shares in the provider of data management products are up 13% this week.

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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