During the pandemic-fueled boom of 2020, Cathie Wood's Ark Innovation ETF (NYSE:ARKK) was one of the hottest funds on Wall Street, surging nearly 400% off its March 2020 lows. But that euphoria peaked in February 2021.
Shares of animal health company Elanco (NYSE:ELAN)
jumped 3% in the pre-market session after the company received approval from the European Commission for its canine dermatitis treatment, Zenrelia.
Shares of gorman-Rupp (NYSE:GRC) manufactures and sells pumps globally. jumped 7.6% in the afternoon session after the company reported record second-quarter financial results that surpassed analyst expectations, driven by strong sales linked to infrastructure spending.
Shares of regional banking company Synovus Financial (NYSE:SNV) fell 12.1% in the afternoon session after the company announced its acquisition by Pinnacle Financial Partners in an $8.6 billion all-stock deal.
Shares of domain name registry operator Verisign (NASDAQ:VRSN) jumped 6.5% in the afternoon session after the company reported strong second-quarter financial results that beat earnings expectations and demonstrated healthy revenue growth.
Shares of specialty insurance provider Kinsale Capital Group (NYSE:KNSL) jumped 3% in the morning session after the company reported strong second-quarter 2025 financial results, highlighted by a significant increase in earnings per share.
Shares of health coverage company Centene (NYSE:CNC)
jumped 5.9% in the afternoon session after the company reported second-quarter results that missed earnings estimates, but the stock rallied as investors looked past the disappointment as sales came in ahead of expectations.
Shares of database software company MongoDB (MDB)
jumped 3.2% in the afternoon session after the stock continued an eight-day winning streak fueled by optimism around its artificial intelligence strategy and bullish market sentiment.
Shares of computer processor maker Intel (NASDAQ:INTC)
fell 9.6% in the afternoon session after the company reported an unexpected second-quarter loss and announced significant restructuring plans, including major job cuts. While the chipmaker’s revenue of roughly $12.8 billion beat forecasts, it posted an adjusted loss of $0.10 per share, which missed Wall Street's expectations for a small profit. In response to the results, Intel announced major cost-cutting measures, including plans that involved a 15% reduction of its global workforce and the cancellation of chip factory projects in Germany and Poland. New CEO Lip-Bu Tan stated the company had "invested too much, too soon—without adequate demand."
Shares of infrastructure solutions provider Quanta (NYSE:PWR)
jumped 3.1% in the afternoon session after the company continued to ride a wave of positive sentiment from recent analyst upgrades and strong business developments. Earlier in the week, BofA Securities raised its price target on the stock to $440, while JPMorgan Chase & Co. also increased its target to $392. This optimism followed news that Quanta had secured nearly $1.7 billion in new long-distance transmission contracts. The company also highlighted its strategic alignment with growing investments in grid modernization and energy projects, which supported a strong business outlook. The positive momentum came as the stock hit an all-time high earlier in the week, with investors looking ahead to the company's second-quarter earnings report scheduled for July 31st.
Let's delve into the developments on the US markets one hour before the close of the markets on Friday. Below, you'll find the top gainers and losers within the S&P500 index during today's session.
Stay up-to-date with the latest market trends one hour before the close of the markets on Friday. Explore the top gainers and losers during today's session in our detailed report.
Shares of digital asset financial services firm Galaxy Digital Inc (NASDAQ:GLXY) are trading lower Friday afternoon, bucking the positive sentiment from a new analyst price target hike. The decline could be linked to profit-taking following a rally earlier in the week.
American Eagle Outfitters (NYSE:AEO) has recently caught the attention of Wall Street after a notable analyst upgrade pushed the stock into "Buy" territory, igniting a robust rally among investors. The momentum behind AEO shares underscores growing optimism about the company’s operational improvements, particularly in inventory management, as well
Shares of biopharmaceutical company Gilead Sciences (NASDAQ:GILD)
jumped 3% in the afternoon session after its long-acting HIV prevention injection, lenacapavir, received a recommendation for approval from a key European regulatory committee.
Shares of aerospace and defense company Hexcel (NYSE:HXL)
fell 3.2% in the afternoon session after the company reported second-quarter 2025 financial results that showed year-over-year declines in revenue and profit.
