U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining around 50 points on Wednesday.
The Dow traded up 0.17% to 37,588.15 while the NASDAQ rose 0.34% to 14,908.42. The S&P 500 also rose, gaining, 0.21% to 4,766.64.
Shares of LumiraDx Limited (NASDAQ: LMDX) shares fell sharply in pre-market trading.
LumiraDx announced its securities will be suspended from trading on Nasdaq at the open of business on Jan. 9th.
LumiraDx shares dipped 30.5% to $0.0239 in pre-market trading.