US Stocks Edge Higher; UniFirst Shares Fall After Q1 Results
UniFirstUniFirst(US:UNF) Benzinga·2026-01-07 14:47

Market Overview - U.S. stocks experienced slight gains, with the Dow Jones increasing by approximately 0.1% to 49,485.07, NASDAQ rising by 0.20% to 23,594.64, and S&P 500 up by 0.12% to 6,952.97 [1] - Health care shares saw a gain of 1.4%, while materials stocks declined by 1% [1] Company Performance - UniFirst Corp (NYSE:UNF) shares fell around 4% after reporting mixed first-quarter results, with adjusted earnings of $1.97 per share, missing market estimates of $2.06 per share. Quarterly sales were $621.318 million, exceeding expectations of $615.253 million [2] - Innovative Eyewear Inc (NASDAQ:LUCY) shares surged 57% to $1.86 after reporting preliminary fourth-quarter sales of about $1 million, a 45% year-over-year increase [8] - Ventyx Biosciences Inc (NASDAQ:VTYX) shares rose 34% to $13.47 following reports of advanced acquisition talks with Eli Lilly & Co. (NYSE:LLY) for over $1 billion [8] - Captivision Inc (NASDAQ:CAPT) shares increased by 34% to $0.50 after receiving an extension for Nasdaq compliance [8] - Cohen & Company Inc (NYSE:COHN) shares dropped 16% to $25.54 after a previous gain of 12% [8] - Curis Inc (NASDAQ:CRIS) shares fell 21% to $0.79 after announcing a private placement pricing totaling up to $80.8 million [8] - Ascent Solar Technologies, Inc. (NASDAQ:ASTI) shares decreased by 18% to $4.32 [8] Commodity Market - In commodity news, oil prices fell by 0.7% to $56.72, gold decreased by 0.9% to $4,455.40, silver dropped by 5.6% to $76.540, and copper fell by 2.1% to $5.9365 [4] International Markets - European shares were mixed, with the eurozone's STOXX 600 slipping 0.1%, Spain's IBEX 35 Index down 0.2%, London's FTSE 100 declining 0.7%, Germany's DAX gaining 0.8%, and France's CAC 40 up by 0.1% [5] - Asian markets closed mostly lower, with Japan's Nikkei 225 down 1.06%, Hong Kong's Hang Seng Index declining 0.94%, China's Shanghai Composite gaining 0.05%, and India's BSE Sensex falling 0.12% [6]

US Stocks Edge Higher; UniFirst Shares Fall After Q1 Results - Reportify