69.1 F
Laguna Hills
Saturday, Dec 3, 2022
-Advertisement-

Midday Stock Roundup

S&P 500 fell 0.3% to 4,411.79 during midday trading.

The Dow Jones Industrial Average dropped 0.7% to 34,837.31.

The Nasdaq climbed 0.2% to 14,792.71.

The yield on a 10-year Treasury bond was up 0.5% to 1.182%.

The price of gold was flat at $1,809 an ounce.

Crude oil declined 3% to $68.42 a barrel.

TECHNOLOGY

Alteryx Inc. (NYSE: AYX) dropped 15% to $67.04 and a $4.5 billion market cap. The Irvine-based software provider of data analytics said yesterday it sees third-quarter revenue of $121 million to $124 million and an adjusted net loss in a range of 18 cents to 21 cents per share. That compares to consensus for $146.9 million in revenue and a 3-cent profit per share.

MEDICAL DEVICES

Envista Holdings Corp. (NYSE: NVST) declined 4.8% to $41.68 and a $6.7 billion market cap. The Brea-based provider of dental products yesterday reported second-quarter revenue that doubled to $740 million and an adjusted profit of 53 cents, both of which topped analyst results.  The shares are still up almost double that of a year ago.

Want more from the best local business newspaper in the country?

Sign-up for our FREE Daily eNews update to get the latest Orange County news delivered right to your inbox!

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.
-Advertisement-

Featured Articles

-Advertisement-
-Advertisement-
-Advertisement-
-Advertisement-

Related Articles

-Advertisement-
-Advertisement-