US Stocks Mixed; Dell Posts Upbeat Results

U.S. stocks traded mixed this morning, with the Dow Jones falling around 40 points on Friday.

Following the market opening Friday, the Dow traded down 0.11% to 38,954.76 while the NASDAQ rose 0.11% to 16,109.20. The S&P 500 also rose, gaining, 0.04% to 5,098.24.

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Leading and Lagging Sectors

Energy shares rose by 1.1% on Friday.

In trading on Friday, utilities shares fell by 1.1%.

Top Headline

Dell Technologies Inc. (NYSE: DELL) reported better-than-expected fourth-quarter financial results and increased its annual cash dividend by 20%.

Equities Trading UP

BioVie Inc. (NASDAQ: BIVI) shares shot up 126% to $2.80. BioVie’s Ne3107 demonstrated potential improvements in motor and non-motor symptoms for Parkinson’s disease patients and may be realigning physiological processes for Alzheimer’s patients.

Shares of Adial Pharmaceuticals, Inc. (NASDAQ: ADIL) got a boost, surging 92% to $3.92. Adial Pharmaceuticals was awarded a new patent covering AD04 for the potential treatment of opioid use disorder.

Nxu, Inc. (NASDAQ: NXU) shares were also up, gaining 39% to $1.11 after the company announced it successfully charged a Tesla …

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