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Saturday, Mar 25, 2023

Midday Stock Roundup

Indexes fell today in midday trading after May’s employment report showed the slowest pace of growth since April of last year, according to the Wall Street Journal.

The S&P 500 dropped 1.1% to 4,130.55.

The Dow 30 slid 0.5% to 33,072.70.

The Nasdaq fell 2.5% to 12,021.11.

Crude oil rose 1.8% to $118.97 a barrel.

Gold was off 1.1% at $1,851 an ounce.

The yield on a 10-year bond gained 1.6% to 2.959%.


Kura Sushi USA Inc. (Nasdaq: KRUS) slid 6.2% to $37.65 per share and a $366 million market cap. Since their 52-week high in last December, shares for the Irvine-based Japanese restaurant chain have been off about 56%.

El Pollo Loco Inc. (Nasdaq: LOCO) gained 1.6% to $10.56 per share and a $388 million market cap. The Costa Mesa-based fast-food chain announced yesterday it appointed Ira Fils as its new chief financial officer, effective June 27.


Tilly’s Inc. (NYSE: TLYS) fell 3.7% to $8.12 per share and a $250 million market cap. The Irvine-based retail yesterday forecasted Q2 revenue and profit estimates that missed analysts’ consensus.

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