financetom
Business
financetom
/
Business
/
Friday's Top 5 Trending Stocks: What's The Scoop On Palantir, Bloom Energy, Pfizer?
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Friday's Top 5 Trending Stocks: What's The Scoop On Palantir, Bloom Energy, Pfizer?
Nov 15, 2024 11:16 AM

Here’s a look at the top five trending stocks on Yahoo Finance. 

Pfizer, Inc. ( PFE ) : Shares of vaccine stocks are down after President-elect Donald Trump pointed to Robert Kennedy Jr. as potentially the next Health and Human Services secretary. Trump has said he would let Kennedy "go wild on health" and could “do pretty much what he wants” in his administration, while Kennedy has a record of spreading falsehoods about vaccines, according to The New York Times.

Applied Materials, Inc. ( AMAT ) : Applied Materials ( AMAT ) shares are trading lower Friday following the company's fourth-quarter earnings release after Thursday's closing bell. Multiple analyst firms have lowered price targets on the stock. 

Bloom Energy Corp. ( BE ) : Bloom Energy ( BE ) shares are charging higher after the energy company became the latest to announce a major deal to power AI data centers. Bloom Energy ( BE ) announced Thursday evening that it has signed a supply agreement with American Electric Power Company, Inc. ( AEP ) for up to 1 gigawatt (GW) of its products, the largest commercial procurement of fuel cells in the world to date.  

Palantir Technologies, Inc. ( PLTR ) : Palantir ( PLTR ) shares are trading at record highs Friday after the company said it will transfer its stock listing to the Nasdaq Global Select Market from the New York Stock Exchange. Palantir ( PLTR ) will begin trading as a Nasdaq-listed company on Nov. 26.

FuelCell Energy, Inc. ( FCEL ) : FuelCell Energy ( FCEL ) shares are slipping Friday after the company said it will slash its workforce by 17% and reduce spending across product development, overhead and other expenses. FuelCell Energy ( FCEL ) said it needs to reduce costs and focus on core technologies due to slower-than-anticipated clean energy investments.

Price Action: According to data from Benzinga Pro:

Pfizer ( PFE ) shares are down 4.59% at $24.83

Applied Materials ( AMAT ) shares are down 8.22% at $170.66

Bloom Energy ( BE ) shares are up 45.1% at $19.27

Palantir ( PLTR ) shares are up 7.54% at $63.65

FuelCell Energy ( FCEL ) shares are down 11.1% at $6.23 at last check on Friday.

Read Next: 

Jeff Bezos’ Ex-Wife MacKenzie Scott Sells More Amazon Shares

Image: Moondance from Pixabay

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Japan's union group Rengo announces biggest wage hikes on record
Japan's union group Rengo announces biggest wage hikes on record
Mar 22, 2024
TOKYO (Reuters) -Japanese firms have agreed to raise pay by 5.25% this year, the biggest rise under comparable data since 2013, the country's largest union group Rengo confirmed on Friday. The results of the closely-watched wage negotiations are announced in several stages, in which the blue-chip firms are first to wrap up their talks in mid-March. The second announcement on...
Cathie Wood's ARK Invest scoops up nearly 10,000 Reddit shares in debut
Cathie Wood's ARK Invest scoops up nearly 10,000 Reddit shares in debut
Mar 22, 2024
(Reuters) - Popular investor Cathie Wood's ARK Invest bought nearly 10,000 shares of Reddit ( RDDT ) in the social media platform's strong market debut on Thursday, an email from the asset manager showed. A total of 9,982 shares of the loss-making company was added to ARK Next Generation Internet ETF ( ARKW ) and ARK Fintech Innovation ETF (...
Once a beacon of stability, Vietnam to name third president in a year
Once a beacon of stability, Vietnam to name third president in a year
Mar 22, 2024
HANOI, March 22 (Reuters) - Communist-ruled Vietnam is seeking its third president in little more than a year after the resignation of Vo Van Thuong, who was only elected last year after the sudden dismissal of his predecessor. With accumulated foreign direct investment higher than its gross domestic product, Vietnam's stability is crucial to multinationals with large operations in the...
Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Mar 22, 2024
05:04 AM EDT, 03/22/2024 (MT Newswires) -- Hutchmed ( HCM ) said late Thursday it has started the registration stage for a phase 2/3 clinical trial of investigational drug sovleplenib for adult patients with warm antibody autoimmune hemolytic anemia in China. The move follows positive data from the proof-of-concept phase 2 stage of the trial and a consultation with the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved