Nasdaq News

Image source: The Motley Fool.

Image source: The Motley Fool.

Pinterest (NYSE: PINS) had its best-ever day on the stock exchange Friday, zooming near an all-time high on the back of the company's latest quarterly figures.

Bausch Health Companies Inc has agreed to pay $45 million, and three of former top executives also agreed to penalties, to settle charges of improper revenue recognition and misleading disclosures in U.S. regulatory filings, the U.S. Securities and Exchange Commission (SEC) said on Friday.

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What happened Shares of Sorrento Therapeutics (NASDAQ: SRNE) rose on Friday, furthering the biopharmaceutical company's gains since it disclosed a licensing deal for an innovative new COVID-19 test. By the close of trading, Sorrento's stock was up 4.3% after rising as much as 2

Star Peak Energy Transition, a blank check company formed by Magnetar Capital and the co-founder of Triangle Peak Partners targeting the energy industry, filed on Friday with the SEC to raise up to $350 million in an initial public offering. The Evanston, IL-based company plans t

Image source: The Motley Fool.

Image source: The Motley Fool.

Health care stocks fell on Friday, with the NYSE Health Care Index dropping 1.4% while the SPDR Health Care Select Sector ETF also was down 1.1%.

Technology stocks extended their Friday advance, with the SPDR Technology Select Sector ETF recently adding 2.0% in value although the Philadelphia Semiconductor Index still was sinking 1.1% this afternoon.

Dunkin' Brands (NASDAQ: DNKN) intends to shutter approximately 800 of its locations permanently in 2020, targeting those with low sales volume to streamline its expenditures and operations. The news was announced as part of yesterday's earnings release, in which Dunkin' announce

Consumer stocks turned mixed this afternoon, with the SPDR Consumer Staples Select Sector ETF Friday declining 0.7% while the SPDR Consumer Discretionary Select Sector ETF was posting a 0.2% gain, reversing a narrow retreat earlier Friday.

Financial stocks were off their worst levels of Friday trading, with the NYSE Financial Index dropping 1.1% shortly before the closing bell while the SPDR Financial Select Sector ETF was slipping just 0.3%.

Energy stocks pared some of their earlier declines this afternoon, with the NYSE Energy Sector Index falling 2.0% in late trade while the SPDR Energy Select Sector ETF was down 1.3%.

A group of buyout investors are considering a takeover bid for Kansas City Southern for a deal value of about $20 billion, the Wall Street Journal reported on Friday, citing people familiar with the matter.

The Canadian dollar strengthened against its U.S. counterpart on Friday to notch its fourth straight monthly gain, its longest winning run in six years, as domestic data showed the economy expanded more than expected in May.

What happened Shares of Chinese electric-vehicle maker Kandi Technologies (NASDAQ: KNDI) were trading lower on Friday afternoon, two days after a surprise rally that more than doubled its share price. 

Burgundy Technology Acquisition, a blank check company formed by the former CEO of HP and a former Citi executive targeting the tech industry, filed on Friday with the SEC to raise up to $400 million in an initial public offering. The Cayman Islands-based company plans to raise $

(RTTNews) - After moving notably higher in the previous session, treasuries showed a lack of direction over the course of the trading day on Friday.