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Friday, Jun 14, 2024
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Midday Stock Roundup

Major U.S. indices continued their September slide on continued concerns over rising coronavirus infection rates in some parts of the country and the upcoming election among other factors.

The S&P 500 fell 2.4% to 3,241.4 in midday trading Monday.

The Dow Jones Industrial Average was off 2.9% to 26,833.96, while the Nasdaq was down 1.4% to 10,638.37.

Crude oil slumped 5% to $39.06.

Gold fell 2.7% to $1,909.10.

The yield on a 10-year Treasury declined 4.3% to 0.66%.

MANUFACTURING

Foothill Ranch-based Kaiser Aluminium Corp. (Nasdaq: KALU) slipped 10% to $53.96 for a market cap of $854.5 million. Shares of Kaiser Aluminum, which makes specialty aluminum products for aerospace and automotive companies, were trading at about half their average volume.


HEALTHCARE

NextGen Healthcare Inc. (Nasdaq: NXGN), a provider of healthcare software, was down 6.5% to $12.22 on lower volume. The company had a recent market cap of $844.5 million.

RETAIL

Irvine Western retailer Boot Barn Holdings Inc. (NYSE: BOOT) fell 6.4% to $26.97, amid a broader slump for U.S. retail stocks. Boot Barn had a recent market cap of $780.4 million.

Irvine-based Tilly’s Inc. was also down, 6.6% to $6.70. The men’s, women’s and kids chain had a recent market cap of $188.5 million.

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