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Here are the most active stocks ahead of Friday’s open:
Stock gainers:
Virgin Galactic Holdings
SPCE,
shares rocketed 37% higher in premarket trading after the space-travel company said it would begin offering commercial space flights this month.
IRobot Corp.
IRBT,
stock jumped 22% in premarket trading after the U.K. Competition and Markets Authority said it has cleared Amazon.com Inc.’s
AMZN,
proposed $1.7 billion acquisition of the U.S. technology company.
Shares of battery maker Enovix Corp.
ENVX,
gained 7% after the company said it produced nearly 20,000 batteries so far in the second quarter, ahead of its expectations for the quarter.
Squarespace Inc.’s
SQSP,
stock climbed more than 4% after the brand-building platform said it signed a deal to acquire 10 million domain customers from Alphabet Inc.’s
GOOG,
GOOGL,
Google Domains.
Shares of Adobe Inc.
ADBE,
rose 4%, topping $500, after the desktop publishing pioneer reported record quarterly revenue of $4.82 billion and forecast solid sales for its current quarter.
Shares of Mediterranean-focused fast-casual restaurant chain Cava Group
CAVA,
rose more than 3%, following Thursday’s Wall Street debut that saw shares open 90% above the initial public offering price. The stock finished 99% higher at $43.78 on Thursday.
Read: Cava Group CFO is confident restaurant chain will be profitable — but she won’t say when
Stock decliners:
Cabot Corp.’s
CBT,
stock dropped as much as 10% late Thursday after the specialty chemicals maker said its sales have slowed, as China’s recovery hasn’t materialized in the way that the company expected and global demand remains “soft.”
— Barbara Kollmeyer contributed to this report
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