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Monday, Jul 15, 2024
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Midday Stock Roundup

The S&P 500 was up 0.1% in midday trading to 2,751.26.

The Dow Jones Industrial Average rose 0.4% to 24,962.59.

The Nasdaq fell 0.1% to 7,476.18.

The yield on a 10-year Treasury bond rose 0.8% to 2.85%.

The price of gold was down 0.3% to $1,313.

HEALTHCARE

Glaukos Corp. (NYSE: GKOS) was up 4% to $33.55 and a $1.2 billion market cap. It makes a stent to treat glaucoma.

FINANCE

Banc of California (NYSE: BANC) in Santa Ana was down 3% to $20.38 and a $1 billion market cap. The bank said it may’ve been the victim of a $13.7 million fraud by a borrower who had established a $15 million line of credit. It estimated the event had no significant impact on regulatory capital ratios.

TECHNOLOGY

Veritone Inc. (Nasdaq: VERI) in Costa Mesa was up 10% to $16.70 and a $272 million market cap. A news report said ESPN will use the company’s artificial intelligence software to track metrics for some of its broadcasting.

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