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Trade Desk Inc TTD stock soared nearly 30 percent early Friday morning in reaction to its first-quarter earnings report. The adtech company said it earned 34 cents per share in the quarter on revenue of $85.7 million versus estimates of 10 cents per share and $73.31 million. Management also guided its full-year 2018 revenue guidance to $433 million versus estimates of $403.96 million.

RXi Pharmaceuticals Corp RXII gained more than 13 percent after announcing a new research collaboration. The immuno-oncology therapeutics company said it will partner with Iovance Biotherapeutics to evaluate the potential synergies with RXi's novel sd-rxRNA therapeutic compounds and Iovance's autologous cell therapy.

PowerShares Dynamic Pharmaceuticals(ETF) PJP could see increased volatility throughout Friday's trading session. President Donald Trump is expected to deliver to the public his administration's vision on tackling drug prices.

Stellar Biotechnologies Inc SBOT lost more than 40 percent early Friday morning. The low-float play stock has seen high volatility over the past few weeks and announced a new offering of 2.075 million shares of its common stock at $2.65 per unit. Shares of the therapeutic vaccine pipeline maker closed Thursday at $3.88.

MoSys Inc. MOSY gained more than 40 percent in reaction to its first-quarter earnings beat on Thursday. The provider of semiconductor solutions said it earned 6 cents per share in the first quarter on revenue of $4.208 million versus expectations of a four cent per share loss and $3.95 million.

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