Toward the end of trading Friday, the Dow traded down 0.94 percent to 25,943.87 while the NASDAQ declined 1.93 percent to 7,385.57. The S&P also fell, dropping 1.17 percent to 2,773.87.
Leading and Lagging Sectors
Friday afternoon, the consumer staples shares climbed 0.5 percent. Meanwhile, top gainers in the sector included Revlon Inc REV up 26 percent, and Coca-Cola Bottling Co Consolidated COKE up 5 percent.
In trading on Friday, information technology shares fell 2 percent.
Top Headline
II-VI, Inc. IIVI announced plans to buy Finisar Corp. FNSR for around $3.2 billion.
II-VI said in a press release it will acquire Finisar through a combination of stock and cash which values the Apple supplier at $26 per share, representing a 37.7 percent premium over Finisar's closing price on Thursday.
Equities Trading UP
Pro-Dex, Inc. PDEX shares shot up 30 percent to $12.10 after the company reported Q1 results.
Shares of BioLife Solutions, Inc. BLFS got a boost, shooting up 18 percent to $14.43 following strong Q3 results.
Revlon Inc REV shares were also up, gaining 27 percent to $27.75 after the company beat Q3 earnings estimates.
Equities Trading DOWN
- Massive Demand & Disruptive Potential – Boxabl has received interest for over 190,000 homes, positioning itself as a major disruptor in the housing market.
- Revolutionary Manufacturing Approach – Inspired by Henry Ford’s assembly line, Boxabl’s foldable tiny homes are designed for high-efficiency production, making homeownership more accessible.
- Affordable Investment Opportunity – With homes priced at $60,000, Boxabl is raising $1 billion to scale production, offering investors a chance to own a stake in its growth.
InnerWorkings, Inc. INWK shares dropped 37 percent to $4.4650 after the company reported weaker-than-expected Q3 results.
Shares of Apollo Endosurgery Inc APEN were down 37 percent to $3.7285 after the company missed Q3 EPS and revenue estimates.
Sanchez Production Partners LP SNMP was down, falling around 38 percent to $5.0130 after the company missed Q3 EPS and revenue estimates.
Commodities
In commodity news, oil traded down 1.15 percent to $59.97 while gold traded down 1.3 percent to $1,209.20.
Silver traded down 1.96 percent Friday to $14.14, while copper fell 1.79 percent to $2.687.
Eurozone
European shares closed mostly lower today. The eurozone’s STOXX 600 declined 0.37 percent, the Spanish Ibex Index fell 0.46 percent, while Italy’s FTSE MIB Index dropped 0.88 percent. Meanwhile the German DAX rose 0.02 percent, and the French CAC 40 fell 0.48 percent while U.K. shares fell 0.49 percent.
Economics
The Producer Price Index rose 0.6 percent for October, versus economists’ expectations for a 0.2 percent increase.
The University of Michigan’s consumer-sentiment index dropped to 98.3 for November, compared to 98.6 in October.
U.S. wholesale inventories rose 0.2 percent for September, versus economists’ expectations for a 0.3 percent increase.
The total number of active U.S. oil rigs rose by 12 to 886 rigs this week, Baker Hughes Inc reported.
Edge Rankings
Price Trend
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
