Leidos (NYSE: LDOS) closed up 8.80 percent to $44.01 after the Reston, Va.-based contractor reported second quarter earnings that beat Wall Street consensus estimates.
U.S. stocks traded in neutral territory as investors considered earnings reports from other technology companies that beat many analysts’ forecasts and data that showed the services sector expanded in July at its strongest pace in a decade, according to Bloomberg.
Declines in oil prices and energy shares offset gains in the morning session and Walt Disney’s earnings report that missed Wall Street projections also weighed in the afternoon session, Bloomberg said.
The Dow Jones Industrial Average lost 10.22 points to 17, 540.47, the S&P 500 composite index gained 6.53 points to 2, 099.85 and the NASDAQ composite index climbed 34.40 points to 5, 139.94.
Top Percentage Gainers
Company | $ Current Price | $ Change | % Change |
---|---|---|---|
Leidos Holdings | 44.01 | +3.56 | +8.80% |
Navistar International | 17.03 | +0.89 | +5.51% |
Cubic Corp. | 45.92 | +0.99 | +2.20% |
Orbital ATK | 71.85 | +1.54 | +2.19% |
Boeing | 144.95 | +2.32 | +1.63% |
Market Summary
 Advancing Issues |    9 (30.00%) |
 Declining Issues |   21 (70.00%) |
 Unchanged Issues |    0 |
Executive Mosaic’s GovCon Index is a composite index that tracks 30 of the largest publicly-traded Government Contracting (GovCon) firms.