S&P 500 Moves Higher; Hayward Holdings Shares Jump On Upbeat Results

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U.S. stocks traded mixed toward the end of trading, with the S&P 500 gaining around 0.3% on Thursday.

The Dow traded down 0.08% to 38,919.26 while the NASDAQ rose 0.53% to 16,032.35. The S&P 500 also rose, gaining, 0.30% to 5,084.84.

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Leading and Lagging Sectors

 

Real estate shares rose by 1.2% on Thursday.

In trading on Thursday, health care shares fell by 0.6%.

 

Top Headline

 

Shares of Hayward Holdings, Inc. (NYSE: HAYW) surged over 17% on Thursday after the company reported better-than-expected fourth-quarter results.

Hayward Holdings posted adjusted earnings of 20 cents per share, beating market estimates of 18 cents per share. The company’s quarterly sales came in at $278.47 million versus expectations of $271.92 million.

 

Equities Trading UP

 

Societal CDMO, Inc. (NASDAQ: SCTL) shares shot up 130% to $1.06. Privately held CoreRx Inc. will acquire Societal CDMO, a contract development and manufacturing organization.

Shares of Enveric Biosciences, Inc. (NASDAQ: ENVB) got a boost, surging 125% to $1.87. Enveric Biosciences signed a non-binding term sheets to pursue the exclusive out-licensing of three classes of compounds.

Vertex, Inc. (NASDAQ: …

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