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Laguna Hills
Saturday, Jun 25, 2022
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Midday Stock Roundup

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The S&P 500 was up 0.2% at 3,673.26.
The Dow 30 fell 0.1% to 29,893.43.
The Nasdaq rose 1.9% to 10,851.95.
Crude oil slid 5.9% to $110.64 a barrel.
The price of gold was off 0.4% at $1,843 an ounce.
The yield on a 10-year bond declined 3% to 3.2070%.

MEDICAL DEVICES

Sonendo Inc. (Nasdaq: SONX) fell 7.5% to $2.04 per share and a $54 million market cap. The Laguna Hills-based dental device maker announced today the departure of VP, General Counsel, Jacqueline Collins and Chief Technology Officer Merhzad Khakpour, who will both leave in July. The company said it is currently searching for a new general counsel and CTO.

Inari Medical Inc. (Nasdaq: NARI) rose 5.9% to $60.98 per share and a $3.3 billion market cap. After reaching their 52-week low in May, shares for the Irvine-based maker of blood clot removal devices have been up about 21%.

NURSING HOMES

CareTrust REIT Inc. (Nasdaq: CTRE) increased 2.3% to $17.52 per share and a $1.7 billion market cap. The provider of elderly care homes announced today a quarterly dividend of $0.275 cents per common share. The company’s quarterly dividend has been flat since the prior quarter.

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