New York, NY – In Friday’s trading session, the major stock indices closed with mixed results. The S&P 500 ($SPX) ended at 4,398.95, down 12.64 points or 0.29%. The Dow Jones Industrial Average ($DJI) finished at 33,734.88, declining 187.38 points or 0.55%. Meanwhile, the NYSE Composite Index ($NYA) showed a slight gain, closing at 15,671.63, up 29.96 points or 0.19%. The Nasdaq Composite Index ($COMPX) concluded the day at 13,660.72, down 18.32 points or 0.13%.
Market Movers:
Among the notable movers today were Mullen Automotive Inc (MULN) with a current price of $0.19, down 0.03 (-12.97%), on a volume of 746.0 million shares. T2 Biosystems Inc (TTOO) gained ground, closing at $0.12, up 0.03 (+38.55%), with a volume of 283.1 million shares. Rivian Automotive Inc (RIVN) also experienced positive movement, closing at $24.70, up 3.08 (+14.25%), with a volume of 231.6 million shares.
Biggest Winners:
Prestige Wealth Inc (PWM) emerged as one of the biggest winners today, with a closing price of $19.09, up 13.69 (+253.52%), accompanied by a volume of 30.1 million shares. Gorilla Technology Group Inc (GRRR) showed impressive gains, closing at $4.70, up 2.61 (+124.88%), with a volume of 160.1 million shares. Vinco Ventures Inc (BBIG) also had a strong performance, closing at $1.88, up 0.68 (+56.67%), with a volume of 13.8 million shares.
Biggest Losers:
Foxo Technologies Inc (FOXO) experienced a decline, closing at $0.21, down 0.11 (-34.50%), with a volume of 4.7 million shares. GoGreen Investments Corp (LZM) also faced losses, closing at $12.89, down 3.71 (-22.35%), with a volume of 371.9 thousand shares. EdtechX Holdings Acquisition Corp II (EDTX) closed at $18.25, down 4.70 (-20.48%), with a volume of 419.5 thousand shares.
Weekly Analysis:
Throughout the week, the stock market displayed mixed performances. The S&P 500 recorded a weekly decline of 1.16%, while the Dow Jones Industrial Average saw a decrease of 1.96%. The NYSE Composite Index ended the week with a loss of 1.29%. The Nasdaq Composite Index registered a weekly decline of 0.92%.
