BBAI - Hot Stocks: COVID vaccine stocks rise; STNE jumps on earnings; GFS hits high; BBAI AMBC plunge

Wall Street continued its recent rebound on Friday, notching its fourth consecutive day of gains. The Nasdaq led the advance again, rising by 2.1% while the S&P 500 advanced 1.2%. COVID vaccine makers were among the standout performers during the day. The sector got a lift from Moderna's (NASDAQ:MRNA) request for regulators to approve a second booster shot. BioNTech (BNTX) and Novavax (NVAX) rose as well. StoneCo (STNE) also stepped into the spotlight, jumping more than 40% following its earnings report. GlobalFoundries (GFS) showed strength as well, building on a recent rally and setting its highest mark since coming public last year. On the other side of the ledger, BigBear.ai (BBAI) lost more than a fifth of its value following a disappointing earnings report. Ambac Financial (AMBC) also plunged, dragged to a 52-week low by an unfavorable court ruling. Sector In Focus COVID vaccine makers got a boost after one

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Hot Stocks: COVID vaccine stocks rise; STNE jumps on earnings; GFS hits high; BBAI, AMBC plunge