WWE - Hot Stocks: Energy stocks plummet; WWE falls; DFH sets 52-week low; REV jumps on buyout chatter
Wall Street ended Friday's trading with a mixed performance, as investors attempted to halt the sharp declines that have marked the previous few days. The Nasdaq bounced back from recent weakness, while the Dow ended the session fractionally lower. Energy stocks were the main barriers to a more obvious rebound. The sector plunged amid a sharp drop in oil prices, with names like W&T Offshore (WTI), Diamondback Energy (FANG), Devon Energy (DVN) and ConocoPhillips (COP) all posting notable losses. Elsewhere, mounting concerns about the housing sector contributed to a further slide in Dream Finders Homes (DFH), which reached a new 52-week low following an analyst's downgrade. Meanwhile, World Wrestling Entertainment (NYSE:WWE) was another standout decliner, falling after a hush-money scandal forced a major leadership change. On the upside, Revlon (REV) nearly doubled in value following chatter that it could find a buyer, despite declaring bankruptcy earlier this week. Sector In
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Hot Stocks: Energy stocks plummet; WWE falls; DFH sets 52-week low; REV jumps on buyout chatter