The stock market continued to power ahead on Friday, closing another strong week. The Nasdaq Composite (NASDAQINDEX: ^IXIC) was on track to set another potential record high, with the index up about a third of a percent as of 11:30 a.m. EDT.
A lot of Nasdaq investors focus on the biggest companies in the index, which includes a number of the most popular tech giants on the planet. Yet often, smaller companies and even those making their debut on the Nasdaq are more worthy of headlines. On Friday, newly listed Eco Wave Power Global (Nasdaq: WAVE) and little-followed biotech company Alector (NASDAQ: ALEC) made the biggest impact on investor sentiment to end the week.
Shares of Eco Wave Power Global were among the most widely followed on the Nasdaq on Friday. The innovative marine power company had some challenges pricing its initial public offering, but retail investors were quick to bid up the stock sharply once trading began.
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Don't Miss What Sent These 2 Little-Known Nasdaq Newsmakers Soaring