Electra Battery Materials (NASDAQ:ELBM) reported quarterly losses of $(0.24) per share.
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According to Yum China's CEO, Joey Wat, the company is increasing its tech investments, enabling it to expand its number of stores without needing additional employees.
Nasdaq Rises 1%; US Pending Home Sales Increase In February
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining over 100 points on Wednesday.
The Dow traded up 0.58% to 32,580.89 while the NASDAQ rose 1.09% to 11,843.85. The S&P 500, also rose, gaining, 0.90% to 4,006.83.
Alibaba Rival Gets ‘Buy’ Rating From Analyst: As Giants Slowed Down, This Company ‘Surprised’ With Fast Revenue Growth
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