The stock market is down Friday over further concerns in Europe. The Dow Jones Industrial Average is down 0.78%, the Nasdaq is down 0.83% and the S&P 500 is down 0.73%. Today’s market winners include a biotech company continuing an upward trajectory due to anticipation of stem cell therapy, and a technology company beating earnings estimates. Meanwhile, a fast-food chain missed sales estimates and another technology company predicts slower sales in the upcoming quarter.
Here are Friday’s market winners and losers.
Biggest Winners
Shares of Pluristen Therapeutics (NASDAQ: PSTI) are up 16.25% to $3.72 on trading volume of 2.3 million shares. The company recently announced that it is partnering with CPC Clinical Research to manage a clinical trial of a stem-cell therapy to treat artery disease. Before Friday, the 52-week high was $3.52.
Shares of SanDisk (NASDAQ: SNDK) are up 13.65% to $39.87 on trading volume of 6.2 million shares. The company on Thursday reported second-quarter earnings of 21 cents a share, up from Wall Street estimates of 18 cents a share. The 52-week high is $53.46.
Biggest Losers
Shares of Chipotle Mexican Grill (NYSE: CMG) are down 22.44% to $313.24 on trading volume of 4.8 million shares. Chipotle announced Thursday second-quarter sales of $690.9 million, below analyst estimates compiled by Bloomberg of $707.3 billion. The 52-week low is $271.53.
Shares of Advanced Micro Devices (NYSE: AMD) fell 11.93% to $4.29 on trading volume of 31.3 million shares. The company said sales will likely decline by up to 4% due to weak demand for personal computers. Before Friday, the 52-week low was $4.31.
Samuel Weigley
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