NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Friday:
Bristol-Myers Squibb, up $1.03 to $52.29
The drugmaker is buying Karuna Therapeutics, maker of the antipsychotic medication KarXT.
Karuna Therapeutics, up $102.66 to $317.85
The biopharmaceutical company is being acquired by Bristol-Myers for a hefty premium to its recent stock price.
Nike, down $14.49 to $108.04
The sneaker company gave a weak sales forecast and announced $2 billion in cost cuts.
Foot Locker, down $1.27 to $31.03
A disappointing outlook from Nike dragged down other athletic apparel-related companies.
Cummins Engine, down $7.01 to $236.99
The engine maker agreed to a $1.67 billion fine to settle charges of cheating on emissions tests.
NetEase, down $16.78 to $87.64
New restrictions issued by China's government could hurt revenues for online gaming companies.
Rocket Lab USA, up $1.01 to $5.44
The company received a contract to make and operate 18 space vehicles for the U.S. government
US Steel, down 19 cents to $47.97
The White House is calling for scrutiny of the steelmaker's agreement to sell itself to a Japanese rival.
Before you make your next trade, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.
Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.
They believe these five stocks are the five best companies for investors to buy now...
See The Five Stocks Here
Click the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
