5 Top Stock Gainers for Friday: BlackBerry and Palantir
Stocks finished lower Friday, closing a losing week, as investors reviewed President-elect Joe Biden’s $1.9 trillion Covid-19 relief package.
Here are some of the big movers in the stock market on Friday:
1. Charah Solutions | Percentage Increase 42%
Charah Solutions (CHRA) – Get Report shares leaped after the provider of environmental services to the power-generation industry won a 12-year marketing contract from Dominion Energy (D) – Get Report to help with coal-sustainability efforts.
2. W.R. Grace | Percentage Increase 8%
W.R. Grace (GRA) – Get Report rose after the specialty chemicals company said it was willing to discuss a possible sale to 40 North Management after the New York company increased its unsolicited offer for the specialty-chemicals giant to $4.3 billion.
3. BlackBerry | Percentage Increase 7%
Shares of BlackBerry (BB) – Get Report were climbing again after the security and software services company said it had settled its longstanding patent dispute with Facebook (FB) – Get Report.
The Ontario company declined to provide details.
BlackBerry charged that Facebook and its WhatsApp and Instagram subsidiaries infringed on BlackBerry messaging app patents.
4. Ceragon Networks | Percentage Increase 54%
Ceragon Networks (CRNT) – Get Report was climbing after Needham raised its price target on the Israeli communication-equipment company to $3.75 from $3.25, according to Seeking Alpha. Needham said that Ceragon Networks “had an upbeat tone on its outlook and position going into calendar year 2021.”
5. Palantir Technologies | Percentage Increase 3%
Palantir Technologies (PLTR) – Get Report shares climbed after reports said star money manager Cathie Wood’s ARK Next Generation Internet ETF bought 497,100 shares of the data analytics software provider.
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