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Nasdaq Surges 100 Points; CoreCivic Shares Plummet

Benzinga ·  Jun 12 02:31

U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite gaining around 100 points on Tuesday.

The Dow traded down 0.39% to 38,718.00 while the NASDAQ rose 0.60% to 17,295.62. The S&P 500 also rose, gaining, 0.10% to 5,366.07.

Leading and Lagging Sectors

Information technology shares climbed by 1.3% on Tuesday.

In trading on Tuesday, financials shares fell by 1.2%.

Top Headline

Shares ofCalavo Growers, Inc. (NASDAQ:CVGW) rose more than 5% during Tuesday's session after the company reported second-quarter financial results.

Total net sales surged 16.5% year-over-year to $184.4 million during the quarter. Adjusted net income surged to $8.9 million, or 50 cents per...

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