Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

Crude Oil Moves Higher; Oxford Industries Shares Fall After Q4 Results

Author: Avi Kapoor | April 01, 2024 01:47pm

U.S. stocks traded lower midway through trading, with the Dow Jones falling over 300 points on Monday.

The Dow traded down 0.79% to 39,492.80 while the NASDAQ fell 0.22% to 16,344.11. The S&P 500 also fell, dropping, 0.45% to 5,230.46.

Check This Out: Jim Cramer Likes Crown Castle, But Can't Recommend Archer Aviation: It Has 'No Earnings Power'

 

Leading and Lagging Sectors

 

Communication services shares jumped by 1.1% on Monday.

In trading on Monday, real estate shares fell by 1.8%.

 

Top Headline

 

Shares of Oxford Industries, Inc. (NYSE:OXM) fell more than 4% on Monday after the company reported downbeat financial results for its fourth quarter and issued weak guidance for the first quarter on Thursday.

 

Equities Trading UP

 

CXApp Inc. (NASDAQ:CXAI) shares shot up 143% to $5.95 after the company announced a partnership with Google Cloud for acceleration of the CXAI platform.

Shares of Sunshine Biopharma, Inc. (NASDAQ:SBFM) got a boost, surging 87% to $0.1138 after the company FY23 operating results.

Doma Holdings Inc. (NYSE:DOMA) shares were also up, gaining 34% to $6.07 after the company entered a merger transaction with TRG to go private at $6.29 per share in cash.

 

Equities Trading DOWN

 

Nuvve Holding Corp. (NASDAQ:NVVE) shares dropped 29% to $0.7798 after the company reported worse-than-expected fourth-quarter financial results.

Shares of AEON Biopharma, Inc. (NYSE:AEON) were down 41% to $6.86 after the company reported a fourth-quarter loss of 71 cents per share.

Disc Medicine, Inc. (NASDAQ:IRON) was down, falling 50% to $31.25 after the company reported topline results from the Phase 2 AURORA study of bitopertin in patients with EPP.

Also Check This Out: Bitcoin Trades Above $70,000 Following GDP, Jobless Claims Data; GateToken Emerges As Top Gainer

 

Commodities

 

In commodity news, oil traded up 0.9% to $83.92 while gold traded up 0.9% at $2,259.20.

Silver traded up 0.8% to $25.12 on Monday, while copper rose 1% to $4.0475.


Economics

 

The ISM Manufacturing PMI rose to 50.3 in March versus 47.8 in February and topping market estimates of 48.4.

U.S. construction spending fell by 0.3% from the prior month in February.

The S&P Global manufacturing PMI was revised lower to 51.9 in March compared to a preliminary reading of 52.5.

Now Read This: $5M Bet On Snowflake? Check Out These 4 Stocks Insiders Are Buying

Posted In: AEON CXAI DOMA IRON NVVE OXM SBFM

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist