Crude Oil Down 2%; Maravai LifeSciences Shares Spike Higher

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U.S. stocks traded mostly higher midway through trading, with the Dow Jones index jumping more than 100 points on Friday.

The Dow traded up 0.36% to 39,209.32 while the NASDAQ rose 0.01% to 16,042.80. The S&P 500 also rose, gaining, 0.18% to 5,096.40.

Leading and Lagging Sectors

 

Utilities shares rose by 0.6% on Friday.

In trading on Friday, energy shares fell by 0.9%.

 

Top Headline

 

AerCap Holdings N.V. (NYSE: AER) reported upbeat earnings for its fourth quarter on Friday.

Total revenues and other income rose 4% to $1.899 billion, missing the consensus of $1.926 billion. Adjusted EPS of $3.11 beat the analyst consensus of $2.45.

 

Equities Trading UP

 

AXT, Inc. (NASDAQ: AXTI) shares shot up 71% to $3.8980 after the company reported better-than-expected fourth-quarter financial results.

Shares of Maravai LifeSciences Holdings, Inc. (NASDAQ: MRVI) got a boost, surging 65% to $8.42 after the company reported better-than-expected fourth-quarter …

Full story available on Benzinga.com


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