Stocks finished sharply lower Friday as the retail trading frenzy continued to rattle markets.
Here are some of the big movers in the stock market on Friday:
1. Novavax | Percentage Increase 65%
Novavax (NVAX) - Get Report shares surged as analysts praised the biotech after it reported promising results for its covid-19 vaccine candidate. The vaccine showed 89.3% efficacy against the disease, including the U.K. variant. It was less effective against an emerging South African variant.
2. Siebert Financial | Percentage Increase 122%
Siebert Financial (SIEB) - Get Report at one point quintupled after the brokerage became the latest stock to attract the attention of ordinary investors prompted by a Reddit message board called WallStreetBets. Siebert does retail brokerage business through its Muriel Siebert subsidiary.
3. Skyworks Solutions | Percentage Increase 5.9%
Skyworks Solutions (SWKS) - Get Report rose after the specialized semiconductor maker beat Wall Street's first-quarter-earnings estimates, offered upbeat guidance, and said the board had approved a $2 billion share-buyback plan.
4. Oppenheimer Holdings | Percentage Increase 13%
Oppenheimer Holdings (OPY) - Get Report was rising after the financial-services company said its fourth-quarter revenue net of interest expense was $422.9 million, beating Wall Street's forecasts. For the year, the company reported profit of $123 million, or $9.30 per share. Revenue totaled $1.2 billion.
5. Inovio Pharmaceuticals | Percentage Increase 16%
Inovio Pharmaceuticals (INO) - Get Report climbed after Johnson & Johnson (JNJ) - Get Report said its one-shot Covid-19 vaccine had a 66% protection rate for patients suffering moderate to severe forms of the coronavirus. JNJ's vaccine candidate was vector-based, and Inovio's DNA vaccine candidate against Covid-19 showed 94% immunogenicity, the ability of a foreign substance to provoke an immune response.