VSTM - Crude Oil Rises 1%; Verastem Shares Slide | Benzinga
U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining more than 1% on Friday.
The Dow traded up 0.12% to 39,112.74 while the NASDAQ rose 1.08% to 16,917.09. The S&P 500 also rose, gaining, 0.70% to 5,304.78.
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Leading and Lagging Sectors
Communication services shares jumped by 1.3% on Friday.
In trading on Friday, health care shares fell by 0.1%.
Top Headline
The total number of active U.S. oil rigs came in unchanged at 497 rigs this week, Baker Hughes Inc reported.
Equities Trading UP
- Akanda Corp. (NASDAQ:AKAN) shares shot up 34% to $3.2001. The international medical cannabis company implemented a 1-for-40 reverse stock split on its ordinary shares effective May 23, 2024, according to a recent exchange filing.
- Shares of Merus N.V. (NASDAQ:MRUS) got a boost, surging 34% to $58.86 after the company announced the publication of an abstract regarding petosemtamab in combination with pembrolizumab on the 2024 ASCO Annual Meeting website.
- Deckers Outdoor Corporation ...