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Wednesday, Feb 1, 2023
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Midday Stock Roundup

The S&P; 500 was up 0.2% to 4,595.06 in midday trading Friday.

The Dow Jones Industrial Average rose 0.3% to 35,781.76, while the Nasdaq was flat at 15,453.26.

Crude oil fell 0.2% to $82.67.

Gold slipped 1.3% to $1,778.40.

The yield on a 10-year Treasury was up 0.1% to 1.57%.

FRANCHISING

Irvine fitness franchisor Xponential Fitness Inc. (NYSE: XPOF) rose 4.8% to $16.70 for a market cap of $792.1 million. The company’s shares have risen 36% since going public in July.

TECHNOLOGY

Shares of Aliso Viejo-based Indie Semiconductor Inc. (Nasdaq: INDI) were up 3.5% to $13.35, continuing its climb this week after announcing Monday its acquisition of Analog Devices Inc.’s Symeo GmbH radar business. Indie, which had a recent market cap of $1.8 billion, manufactures parts used to make laser, telecom and sensing systems.

 

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