Stocks were sliding Friday as investors' hopes for a stimulus agreement faded.
Here are some of the top gainers for Friday:
1. Walt Disney | Percentage Increase 14%
Walt Disney (DIS) - Get Report traded higher after the entertainment giant laid out plans to dominate consumers’ screens over the next four years through its streaming services. The company expects its streaming services -- Disney+, Hulu, and ESPN+ -- to have a combined 350 million subscribers in four years.
2. vTv Therapeutics | Percentage Increase 42%
Shares of vTv Therapeutics (VTVT) - Get Report were climbing after its parent, MacAndrews & Forbes Group, purchased 625,000 shares for $1.60 each. MacAndrews & Forbes raised $1 million for vTv Therapeutics. The company also said that President and CEO Stephen Holcombe and Chief Financial Officer Rudy Howard will remain in their respective roles until the end of 2021.
3. NantHealth | Percentage Increase 22%
NantHealth (NH) - Get Report leaped after the healthcare technology company recently announced new significant findings around the adoption of trastuzumab biosimilars in the treatment of HER2-positive breast cancer and the potential clinical and cost benefits of biosimilars at the 2020 San Antonio Breast Cancer Symposium.
4. Solid Biosciences | Percentage Increase 51%
Solid Biosciences (SLDB) - Get Report moved up after the life sciences company entered into a securities purchase agreement with a select group of institutional investors and accredited investors for a $90 million private placement, which is expected to close on or about Dec. 15.
5. FAT Brands | Percentage Increase 28%
FAT Brands (FAT) - Get Report shares jumped after the restaurant company said it’s merging with its controlling shareholder, investment firm Fog Cutter Capital. FAT (Fresh Authentic Tasty) owns nine restaurant brands, including Fatburger, Johnny Rockets and Buffalo’s Café. It has more than 675 franchises worldwide.