Here are some of the market's biggest gainers for Friday:
1. Pfizer | Increase 10.9%
Pfizer (PFE) - Get Free Report shares surged after the drugmaker said its developing COVID antiviral treatment cuts the risk of hospitalization and death by 89%, topping data published by rival Merck (MRK) - Get Free Report. Pfizer said it will give the data to the U.S. Food & Drug Administration as part of its Emergency Use Authorization application.
2. Live Nation Entertainment | Increase 15.1%
Shares of Live Nation Entertainment (LYV) - Get Free Report soared Friday, after the entertainment conglomerate swung to a profit in the third quarter and reported higher-than-expected revenue. Demand that built up during the pandemic generated ticket price increases and more spending at live events for t-shirts, hot dogs, etc.
3. Airbnb | Increase 13%
Shares of Airbnb (ABNB) - Get Free Report advanced after the online home-share company posted its highest ever quarterly earnings and revenue on continued pandemic recovery. Net income skyrocket 280% year over year to $834 million, its highest ever, on record revenue of $2.2 billion.
4. Canada Goose| Increase 19.4%
Canada Goose (GOOS) - Get Free Report shares flew higher after the upscale-apparel producer reported an unexpected profit for the latest quarter and lifted full-year earnings guidance. The company posted net income of C$9.3 million (US$7.5 million), or 8 cents a share, down from C$12.5 million, or 9 cents a share, a year ago.
5. Lionsgate Entertainment | Increase 22.1%
Shares of Lionsgate Entertainment (LGF.A) - Get Free Report rose after the film and television company said in regulatory filing that it was exploring a possible spin-off its Starz pay channel and swung to second-quarter profit. Lionsgate reported net income of $7.5 million up from a year-ago loss of $18.5 million.