Friday’s Biggest Gaining And Declining Stocks

Friday’s Biggest Gaining And Declining Stocks
Market News •

Friday’s Biggest Gaining And Declining Stocks

Shares of the following companies were among those making notable early moves in Friday’s U.S. stock market:

Advancers

Eastman Kodak Co.’s EK +9.51%  shares rose 12% a day after the struggling photography company said it would sell its gelatin business.

Rambus Inc.’s RMBS +14.62%  shares climbed 15% after the memory-chip designer late Thursday said it signed a licensing pact with Broadcom Corp. BRCM -0.24% .

SunPower Corp.’s SPWR +8.38%  shares gained 8% after the solar-power company said it would acquire Tenesol, a unit of French oil company Total SA TOT +1.55% , for $165.4 million. As part of the deal, Total agreed to buy 18.6 million shares of SunPower at $8.80 a share, a 50% premium to where the stock closed Thursday.

TripAdvisor Inc. TRIP +5.16%   shares rose 5.2% after UBS initiated coverage with a neutral rating of the online travel firm recently spun off from Expedia Inc. EXPE +0.93%  

Decliners

Skyline Corp.’s SKY -8.32%  shares slid 8.3% after Standard & Poor’s said late Thursday that Exterran Holdings Inc. EXH -4.51%   would replace it in the S&P SmallCap 600 index as of the close of trading on Dec. 30.

Kate Gibson | Market Watch

Share Tweet
Prev Story

Next Story

ON ELITE TV

Elite Daily Is The Premiere Destination For Generation Y

More In Market News

News

Stocks Off to Stellar Start in May

Stocks were kicking off May in high style Tuesday, posting sharp gains after a much better-than-expected report on U.S. manufacturing activity. The Dow Jones Industrial Average was rising 103 points, or 0.8%, at 13,317, after hitting a four-year high at 13,338. The S&P 500 was up 14 points, or 1%, at 1413, and the Nasdaq was adding 23 points, or 0.7%, at [...]

News

Bank Of America, JPMorgan: Dow Midday Movers

U.S. stocks were rising in midday action Tuesday following a better-than-expected read on U.S. manufacturing activity.The Dow Jones Industrial Average was up more than 116 points, or 0.9%, at 13,330. The biggest percentage gainers within the Dow were Bank of America (BAC), JPMorgan Chase (JPM) and Intel (INTC). Shares of Bank of America rose 2.59% to $8.32. The bank said Tuesday it plans to lay [...]

News

Monster Stocks Soar Amid Rumors Coca-Cola Is Set To Buy Energy Drink

Monster Beverage Corp’s shares soared on Monday following a report that Coca-Cola Co. was considering buying the energy drink maker. The Wall Street Journal cited unnamed people in reporting that the world’s biggest soft drink maker was in talks to buy Monster. If a deal transpired, Monster would be Coca-Cola’s largest brand acquisition ever. Monster declined [...]

News

Stocks Surge After Strong Manufacturing Report

Stocks were surging in morning action Tuesday after a much better-than-expected report on the pace of national manufacturing activity in April.The Dow Jones Industrial Average was rising 80 points, or 0.6%, at 13,294. The S&P 500 was up 12 points, or 0.8%, at 1410, and the Nasdaq was adding 29 points, or 1%, at 3075. Stocks finished modestly lower Monday, marking [...]

News

Bank Of America Keeps Shrinking

Bank of America (BAC)’s plan to lay off some of its highest-paid executives looks like the right response to the current banking environment. The Wall Street Journal reported Tuesday the bank will cut 2,000 positions in its investment banking, commercial banking and non-U.S. wealth-management units targeting “the high-earning employees whose efforts helped Merrill Lynch account for the bulk of [...]

News

Stock Market Story: May 1

The first trading day of May got off to a mixed start early Tuesday with all three major U.S. equity indices honing to close to the flat line ahead of a key report on the pace of U.S. manufacturing activity in April. The Dow Jones Industrial Average was down 9.5 points, or 0.07%, at 13,204.The S&P 500 was up less than a [...]

Also On Elite

Entertainment

2 Chainz: I Did Not Get Robbed At Gun Point, But Did Get High A.F.

Yesterday (6/10) there were reports that rapper 2 Chainz, aka 2 Chaiiiiiiiinnnnnzzzzz, got held up and robbed at gun point in the San Francisco Bay Area before a concert. There were even reports that the “I’m Different” rapper got shot and was rushed to the hospital. This was all said to have happened while he was purchasing [...]

Sports

Jason Kidd Retires From The NBA After 19 Amazing Seasons

Over the past 19 years having spent time the Phoenix Suns, New Jersey Nets, Dallas Mavericks and New York Knicks, Jason Kidd has decided to finally call it quits at the the ripe age of 40. The Future Hall of Famer leaves on somewhat of a sour note with the Knicks, hitting zero shots in [...]

Gentlemen

Why You Should Date A MILF

Let’s face it, if you’re a male in your early 20s, the chances that you are looking for a serious relationship or to settle down are slim to none. On the other hand, females in that same category are quite the opposite. They’re all looking for love and attention and someone they can cling onto [...]

Sports

Rampage Jackson Makes TNA Impact Wrestling Debut (Video)

It was reported earlier this week that MMA legend and former superstar Quinton “Rampage” Jackson was leaving the UFC to join Bellator MMA. While he had a good run with Dana White, winning the light-heavy weight title back in 2007, he has decided to turn to the next page of his career. And because his [...]

Music News

Stream Prodigy and The Alchemist’s Collaborative Album ‘Albert Einstein’

Prodigy and The Alchemist have made their collaborative album Albert Einstein available for stream via DJ Booth a day before the anticipated project is set to drop. A follow-up to their critically-acclaimed debut, Return of The Mac, the 16-track project includes reader-approved singles “Dough Pildin,” “Give ‘Em Hell” and “YNT.” Features include Roc Marciano, Domo Genesis, Havoc, Raekwon [...]

Videos

Watch: The xx – ‘Fiction’

Today we have the pleasure of sharing with you the black and white visual for The xx‘s “Fiction,” a featured record on their 2012 release, Coexist. Check out the video below and be sure to grab a digital copy of Coexist if you have yet to do so!   Photo Credit: Mickael Samama