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Monday, May 29, 2023

Stocks Fall; Motorcar Parts of America Soars, Capstone Turbine Tanks

The Dow Jones industrial average fell 180 points in Monday trading to close at 17,730.

The S&P 500 fell 21 points to 2,079.

The Nasdaq fell 52 points to 5,095.

The LABJ Stock Index fell 1 point to 239.

Gainers and Losers

Motorcar Parts of America Inc. was Monday’s biggest local gainer. Its shares rose 14 percent on the day, closing at $38.70 after the company reported earnings that beat analysts’ estimates.

Monday’s biggest loser was Capstone Turbine Corp. Shares of the Chatsworth generator company fell 24 percent on the day, closing at $3.04.

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