SpartanNash, Xilinx: 5 Top Gainers for Friday - TheStreet

SpartanNash, Xilinx: 5 Top Gainers for Friday

SpartanNash, Xilinx, Extreme Networks, Precigen and Matson are some of the top stock gainers for Friday.
Author:
Publish date:

Stocks ended higher Friday after the Trump administration reportedly increased its stimulus package offer to $1.8 trillion. 

Here are some of the market's biggest gainers for Friday:

1. SpartanNash | Percentage Increase 26%

SpartanNash  (SPTN) - Get Report surged after the grocery products distributor disclosed a warrant agreement with Amazon.com  (AMZN) - Get Report that comes with the entry into a commercial agreement with the tech and e-commerce titan.

2. Xilinx | Percentage Increase 14%

Xilinx  (XLNX) - Get Report shares rose the most in nearly a year Friday following a report from the Wall Street Journal that the San Jose, Calif., company could be bought by its chipmaking rival Advanced Micro Devices.  (AMD) - Get Report

3. Extreme Networks | Percentage Increase 12%

Extreme Networks  (EXTR) - Get Report shares jumped after JMP analyst Erik Suppiger offered enthusiastic commentary for the cloud-driven-networking company. Suppiger has an outperform rating and a $6 share-price target for the San Jose, Calif., company. He said Extreme can reach its target of double-digit revenue growth for the fiscal 2021 third quarter.

4. Precigen | Percentage Increase 29%

Precigen PGEN was climbing after the biopharma said Merck  (MRK) - Get Report, through its Ares Trading SA subsidiary, elected to convert a note with an principal balance outstanding of $25 million to increase its stake in Precigen from about 11.6% to 14.8%.

5. Matson | Percentage Increase 15%

Matson  (MATX) - Get Report was rising after the ocean cargo transportation company said it expected third-quarter profit to range from $67.2 million to $69.4 million, compared with $67.1 million a year ago. Matson said its projected profit increase was driven by its dramatically expanded service from China begun earlier this year.