U.S. stocks were mostly lower, with the Dow Jones index falling around 300 points on Friday.
Shares of Hasbro, Inc. (NASDAQ:HAS) rose sharply during Friday's session after B of A Securities upgraded the stock from Neutral to Buy and raised its price target from $70 to $80.
Hasbro shares gained 5.5% to $61.22 on Friday.
Here are some other big stocks recording gains in today's session.
- Disc Medicine, Inc. (NASDAQ:IRON) shares gained 15.6% to $45.29. Disc Medicine announced a $178 million underwritten offering of 4.944 million shares at $36 per share.
- UroGen Pharma Ltd. (NASDAQ:URGN) rose 15.4% to $20.19. UroGen Pharma recently announced an 82.3% 12-month duration of response in its Phase 3 ENVISION trial for UGN-102, achieving a 79.6% complete response rate at three months.
- Adobe Inc. (NASDAQ:ADBE) rose surged 14.3% to $524.39 following better-than-expected second-quarter earnings and strong guidance.
- Ocular Therapeutix, Inc. (NASDAQ:OCUL) rose 14.1% to $5.75 as the company highlighted AXPAXLI SOL-1 enrollment and plans repeat dosing study in wet AMD.
- VinFast Auto Ltd. (NASDAQ:VFS) climbed 9.9% to $4.32. VinFast Auto anticipates sustained growth for next five years and approaching break-even point.
- Tutor Perini Corporation (NYSE:TPC) gained 9.9% to $21.11. UBS analyst Steven Fisher upgraded Tutor Perini from Neutral to Buy and raised the price target from $14 to $27.
- Grindr Inc. (NYSE:GRND) gained 9.2% to $10.30.
- ECARX Holdings Inc. (NASDAQ:ECX) gained 7.4% to $1.16.
- Life360, Inc. (NASDAQ:LIF) rose 6.2% to $30.68.
- Willis Lease Finance Corporation (NASDAQ:WLFC) climbed 6.4% to $64.99.
- Arm Holdings plc (NASDAQ:ARM) gained 4.4% to $165.07 after it was announced that the company will join the Nasdaq-100 Index starting June 24, 2024.
- Spotify Technology S.A. (NYSE:SPOT) rose 3.1% to $315.33.
- Netflix, Inc. (NASDAQ:NFLX) gained 2.9% to $672.08.
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