Benzinga·2026-03-04 01:49Market Overview - U.S. stocks closed lower due to rising tensions in the conflict with Iran, with the Dow Jones Industrial Average down 0.8% to 48,501.27, the S&P 500 down 0.9% to 6,816.63, and the Nasdaq Composite down 1.02% to 22,516.69 [1] CrowdStrike Holdings Inc. - CrowdStrike stock increased by 1.70% to close at $391.42, with an intraday high of $394.92 and a low of $367.99, within a 52-week range of $566.90 high and $298.14 low [2] - The company reported fourth-quarter revenue of $1.31 billion, exceeding estimates, with subscription revenue rising 23% year-over-year and annual recurring revenue reaching $5.25 billion, driven by AI adoption opportunities [2] Mobix Labs - Mobix Labs shares surged 532.77% to $1.12, with an intraday high of $1.24 and a low of $0.39, within a 52-week range of $1.44 high and $0.13 low [3] - The stock rose after securing a production purchase order for high-reliability filtering components for the U.S. Navy's Tomahawk cruise missile program, indicating increased demand from missile manufacturing schedules [3] Micron Technology Inc. - Micron's stock fell by 7.99% to $379.68, with a high of $390.09 and a low of $374.55, against a 52-week high of $455.48 and a low of $61.54 [4] Target Corporation - Target's stock advanced 6.77% to $120.80, with an intraday high of $122.43 and a low of $115, within a 52-week range of $122.43 high and $83.44 low [5] - The retailer exceeded profit expectations with adjusted earnings of $2.44 per share despite a slight sales dip, driven by growth in food, beauty, and toys, while gross margins improved to 26.6% due to lower costs and advertising gains [5] Moderna Inc. - Moderna's stock decreased by 5.71% to $49.83, with an intraday high of $51.86 and a low of $48.09, within a 52-week range of $55.19 high and $22.29 low [6] - The stock rebounded by 8.35% to $53.99 in after-hours trading [6]