U.S. stocks closed lower with the Dow Jones dropping more than 600 points on Friday. Here is the list of some big stocks recording gains in the previous session.
- Aehr Test Systems (NASDAQ: AEHR) shares jumped 23.9% to close at $17.19 after the company announced better-than-expected Q1 EPS and sales results and issued guidance.
- Brookdale Senior Living Inc. (NYSE: BKD) rose 20% to close at $4.81. Brookdale Senior Living is said to explore a sale, Bloomberg reported.
- Ambac Financial Group, Inc (NASDAQ: AMBC) rose 15.6% to close at $14.80 after the company announced it settled its RMBS litigations against Bank of America (NYSE:BAC) for $1.84 billion.
- Credit Suisse (SIX:CSGN) Group AG (NYSE: CS) climbed 13.1% to close at $4.85 after reports said the company was planning to buy back $3 billion of its debt as part of its plans to streamline following questions about its financial health.
- TOP Financial Group Limited (NASDAQ: TOP) surged 12% to settle at $20.05.
- Provention Bio, Inc. (NASDAQ: PRVB) shares rose 11.3% to close at $6.92. Provention Bio announced it has entered into a co-promotion agreement with Sanofi (EPA:SASY) U.S. for the launch of its lead investigational drug candidate teplizumab. Jefferies maintained Provention Bio with a Buy and raised the price target from $10 to $15.
- Wave Life Sciences Ltd. (NASDAQ: WVE) rose 9.1% to close at $4.08.
- Cano Health, Inc. (NYSE: CANO) rose 9.1% to close at $9.64 following a report suggesting CVS is in talks to acquire the company.
- Madison Square (NYSE:SQ) Garden Sports Corp. (NYSE: MSGS) gained 8.2% to settle at $151.88 after the company announced a $75 million accelerated share repurchase program and declared a special cash dividend of $7 per share.
- IDT Corporation (NYSE: IDT) rose 7.5% to close at $30.00 after the company reported Q4 EPS results up from last year.
- DexCom, Inc. (NASDAQ: DXCM) gained 7.3% to close at $102.14 after Piper Sandler maintained an Overweight rating on the stock and raised its price target from $110 to $120.
- Nayax Ltd. (NASDAQ: NYAX) rose 6.6% to settle at $24.10.
- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) gained 6.5% to close at $14.50.
- DraftKings Inc. (NASDAQ: DKNG) gained 3.3% to close at $16.57 on the buzz surrounding a large partnership with Walt Disney’s ESPN.