ALF - Hot Stocks: good aim at SWBI SYKE merger deal magic mushrooms pay off for ATAI
MBPROJEKT_Maciej_Bledowski/iStock via Getty Images Advanced technology and cryptocurrencies might steal most of the spotlight on Wall Street, but a very old company had a very good day on Friday. Gunmaker Smith & Wesson (SWBI) rallied on news of a strong earnings report. Elsewhere, Sykes Enterprises (SYKE) climbed on a merger deal, Roku (ROKU) garnered interest on the strength of its move into original programming, Micron (MU) came under pressure from an analyst call and PayPal (PYPL) received the benefit of higher fees charged to merchants. Meanwhile, medical psychedelics company atai Life Sciences (ATAI) jumped on its first day of trading. And Alfi (ALF) and KnowBe4 (KNBE) both capped off a standout week of gains. Shares of Smith & Wesson climbed more than 17% on Friday, boosted by earnings released the previous evening. The gunmaker beat expectations in its fourth quarter, with sales that rose 67% to $323 million. The company
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Hot Stocks: good aim at SWBI, SYKE merger deal, magic mushrooms pay off for ATAI