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Laguna Hills
Friday, Dec 9, 2022
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Midday Stock Roundup

The S&P 500 rose 0.4% to 3,498.22 in midday trading Friday.

The Dow Jones Industrial Average was up 0.5% to 28,631.35, while the Nasdaq increased 0.5% to 11,681.21.

Crude oil fell 0.1% to $43.02.

Gold jumped 2.4% to $1,979.20.

The yield on a 10-year Treasury was off 2.7% to 0.73%.

RESTAURANTS

Huntington Beach-based BJ’s Restaurants Inc. (Nasdaq: BJRI) shot up 11.2% to $31.41 for a market cap of $699.2 million. The restaurant operator’s up about 65% since late July when it released results for its June quarter, notching a narrower loss than analyst projections and revenue about in line with consensus estimates.


HEALTHCARE

Glaukos Corp. (NYSE: GKOS) shares were trading up 4.1% to $46.16. The San Clemente-based opthalmic medical device maker had a recent market cap of $2.1 billion.

Local device makers were generally mixed on Friday.

Irvine-based Edwards Lifesciences Corp. (NYSE: EW) was up 0.6% to $84.18 for a market cap of $52.3 billion. ICU Medical Inc. (Nasdaq: ICUI) of San Clemente was down 1.3% to $195.57 for a market cap of $4.1 billion. Irvine-based Masimo Corp. (Nasdaq: MASI), with a market cap of $11.9 billion, fell 1.3% to $217.14.

TECHNOLOGY

Irvine-based Montrose Environmental Group Inc. (NYSE: MEG) rose 3.5% to $28.03, continuing to climb since its July IPO. The environmental services company had a recent market cap of $588.8 million.

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