Reported about 2 months ago
On August 26, 2024, the stock market saw flat trading at midday, with the S&P 500 down 0.2% and the Nasdaq Composite losing 0.8%. Notably, PDD Holdings, the parent company of Temu, fell nearly 30% after reporting second-quarter revenue that missed forecasts, while Planet Fitness saw a gain after receiving a favorable analyst upgrade. MIRA Pharmaceuticals surged by 15% due to promising results in neuropathic pain treatment, contrasting with declines in the semiconductor sector where major players like Nvidia experienced losses.
Source: YAHOO