Stocks ended mixed Friday with the Nasdaq reaching a record close high while coronavirus infections spiked and countries threaten stricter lockdowns.
Here of some of the top stock gainers for Thursday:
1. GameStop | Percentage Increase 50%
Shares of videogame retailer GameStop (GME) - Get GameStop Corporation Report skyrocketed Friday after Andrew Left, managing partner of short seller Citron, said the firm was abandoning the stock because of harassment from bulls.
2. Sierra Wireless | Percentage Increase 17%
Sierra Wireless (SWIR) - Get Sierra Wireless Inc. Report rose after the communications-equipment company said it expected fiscal fourth-quarter and first-quarter revenue to exceed analysts' expectations as it shifted toward becoming a provider of internet-of-things solutions.
3. Climate Change Crisis Real Impact | Percentage Increase 65%
Special purpose acquisition company Climate Change Crisis Real Impact CLII rocketed after a media report said it was close to a deal to merge with EVgo Services, a charging network for electric vehicles powered by renewable energy.
The merger would value the combined entity in excess of $2 billion.
4. Diamondback Energy | Percentage Increase 4.9%
Diamondback Energy (FANG) - Get Diamondback Energy Inc. Report was advancing after Cowen analyst David Deckelbaum recently raised his price target on the stock to $74 from $60 while keeping an outperform rating on the shares.
The analyst expects the company to post a constructive update on the pending Guidon/QEP deals though formal guidance will likely come after the deals close.
5. Jumia Technologies | Percentage Increase 25%
Jumia Technologies (JMIA) - Get Jumia Technologies AG American Depositary Shares each representing two Report advanced after Citron Research recently tweeted that the e-commerce platform's stock was on its way to $100 a share and called it the "largest opportunity in e-commerce." The firm had accused Jumia Technologies of fraud last year.