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Thursday, May 15, 2025

Stocks Fall; TrueCar Soars, NantKwest Sinks

The Dow Jones industrial average fell 313 points in Monday trading to close at 16,002.

The S&P 500 fell 50 points to 1,882.

The Nasdaq fell 143 points to 4,544.

The LABJ Stock Index fell six points to 211.

Gainers and Losers

Santa Monica’s TrueCar Inc. was Monday’s biggest local gainer among stocks trading above $1. Shares of the company rose 5 percent on the day, closing at $5.34.

Monday’s biggest loser was billionaire Patrick Soon-Shiong’s clinical-stage immunotherapy firm NantKwest Inc. Shares fell 19 percent on the day, closing at $13.10.

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