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S&P 500 Tops 6,000; Sezzle Shares Spike Higher
Sezzle Sezzle (US:SEZL) Benzinga·2024-11-08 19:34

Market Performance - U.S. stocks traded higher, with the S&P 500 gaining approximately 0.6% on Friday, while the Dow rose 0.83% to 44,092.10 and the NASDAQ increased 0.20% to 19,308.79 [1] - Consumer staples shares surged by 1.8% on Friday, while materials shares fell by 1% [1] Notable Stock Movements - Sezzle Inc. shares increased by 71% to $429.31 after reporting a year-over-year increase in third-quarter financial results and raising its FY24 guidance [2] - Applied Optoelectronics, Inc. shares surged 54% to $27.55 following better-than-expected third-quarter revenue results [2] - indie Semiconductor, Inc. shares rose 49% to $5.11 after reporting better-than-expected third-quarter financial results [2] Declining Stocks - ProPhase Labs, Inc. shares dropped 45% to $0.78 after announcing the pricing of a public offering of common stock [3] - Evolent Health, Inc. shares fell 45% to $13.59 after reporting worse-than-expected third-quarter financial results [3] - Nature's Miracle Holding Inc. shares decreased by 30% to $0.1038 following a $3 million public offering announcement [3] Commodity Prices - Oil traded down 2.9% to $70.28, gold down 0.5% at $2,692.30, silver down 1.5% to $31.385, and copper fell 2.9% to $4.3040 [4] European Market Performance - European shares closed lower, with the eurozone's STOXX 600 falling 0.65%, Germany's DAX down 0.76%, and France's CAC 40 down 1.17% [4] Economic Indicators - The trade gap in France increased to €8.3 billion in September from a revised €7.7 billion in the previous month [5] - The total number of active U.S. oil rigs remained unchanged at 479 rigs this week [8]