Friday’s Biggest Gaining And Declining Stocks

Friday’s Biggest Gaining And Declining Stocks
Market News

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

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