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Monday, Dec 5, 2022
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Midday Stock Roundup

The S&P 500 fell 0.2% in midday trading to 2,384.41.

The Dow Jones Industrial Average was down 0.2% to 20,941.10.

The NASDAQ declined 0.2% to 6,048.67.

The yield on a 10-year Treasury bond rose 0.2% to 2.30%.

The price of gold rose 0.2% to $1,268.

HEALTHCARE

Mission Viejo-based Ensign Group dropped 8.6% to $17.47 and a $900 million market cap. The company is scheduled to report first-quarter earnings on May 1.

TECHNOLOGY

Lantronix Inc. fell 14% to $2.84 and a $50 million market cap. The Irvine-based maker of Internet of Things and IT products yesterday reported third-quarter revenue rose 16% to $11.5 million. Its shares have climbed about 66% this year.

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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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