U.S. stocks traded mostly higher toward the end of trading, while the Nasdaq Composite moved slightly lower on Monday.
The Dow traded up 0.52% to 38,873.28 while the NASDAQ fell 0.10% to 15,975.16. The S&P 500 also rose, gaining, 0.12% to 5,032.46.
Shares of Big Lots, Inc. (NYSE: BIG) fell sharply during Monday’s session after the company reported preliminary fourth-quarter results.
Also, Loop Capital downgraded the stock from Hold to Sell and lowered its price target from $6 to $1.
TOP Financial Group shares are trading lower by 35.8% during Monday's session. The company announced a definitive agreement with an investor for the purchase and sale of shares and warrants.
U.S. stocks traded mixed this morning, with the S&P 500 topping the 5,000 mark on Friday.
Following the market opening Friday, the Dow traded down 0.05% to 38,706.33 while the NASDAQ rose 0.32% to 15,844.63. The S&P 500 also rose, gaining, 0.11% to 5,003.51.
TOP Financial Group Limited (NASDAQ: TOP) shares are trading higher on Friday despite a lack of company-specific news. Here's a look at what's going on.
What To Know:
Gainers
Prestige Wealth Inc. (NASDAQ: PWM) shares jumped 65.6% to $8.28. Prestige Wealth reported pricing of $5 million initial public offering of 1 million shares of common stock at a price of $5 per share.
Gainers
Gorilla Technology Group Inc. (NASDAQ: GRRR) shares surged 51.7% to $3.17 in pre-market trading after the company signed a $270 million contract with the Government of Egypt to implement a Smart Government Security Convergence solution.