Market Madness: Stocks Soar and Plunge! Discover the Winners and Losers of the Day!

Market Madness: Stocks Soar and Plunge! Discover the Winners and Losers of the Day!

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**U.S. Stocks Close Mixed on Friday**

On Friday, U.S. stocks closed with mixed results, as the Nasdaq Composite edged up by approximately 0.3%.

- The Dow Jones Industrial Average (Dow) dipped by 0.49% to 39,585.67.

- The Nasdaq Composite rose by 0.26% to 16,444.91.

- The S&P 500 saw a marginal increase of 0.01% to 5,241.56.

**Sector Performance**

- Communication services shares surged by 0.8%.

- Real estate shares, however, fell by 1.1%.

**Top News Stories**

- Lululemon Athletica Inc. (NASDAQ: LULU) witnessed a more than 15% decline in its stock price during Friday's session following the release of its fourth-quarter results. 

Despite posting better-than-expected results for the fourth quarter, the company issued a weak forecast for the first quarter.

- Summit Midstream Partners, LP (NYSE: SMLP) experienced a 38% surge in its shares to $26.85 after announcing the sale of its Utica position for $625 million.

- Outlook Therapeutics, Inc. (NASDAQ: OTLK) saw its shares soar by 19% to $8.40 after receiving a positive European Union CHMP opinion for ONS-5010 as a treatment for Wet AMD.

- Intellicheck, Inc. (NASDAQ: IDN) reported a 70% increase in its stock price to $2.98 after announcing a year-over-year increase in fourth-quarter EPS results.

- Cutera, Inc. (NASDAQ: CUTR) shares plummeted by 29% to $1.6391 after reporting worse-than-expected fourth-quarter adjusted EPS results.

- Sintx Technologies, Inc. (NASDAQ: SINT) witnessed a 31% decline in its shares to $0.0941 after announcing a proposed public offering of common stock.

- Ispire Technology Inc. (NASDAQ: ISPR) fell by 26% to $5.97 after announcing the pricing of its public offering of 2.05 million shares of common stock at $6.00 per share.

**Commodities Update**

- Oil traded down by 0.5% to $80.63, while gold traded down by 0.9% at $2,164.20.

- Silver traded down by 0.6% to $24.85, and copper fell by 1.2% to $4.0090.

**Eurozone and Asia-Pacific Markets**

- European shares closed mixed, with the eurozone’s STOXX 600 falling by 0.03%, London’s FTSE 100 jumping by 0.61%, and Spain’s IBEX 35 Index rising by 0.70%.

- In Asia, markets closed mixed, with Japan’s Nikkei 225 gaining 0.18%, Hong Kong’s Hang Seng Index falling 2.16%, China’s Shanghai Composite Index falling 0.95%, and India’s S&P BSE Sensex gaining 0.26%.

**Economic Indicators**

- The total number of active U.S. oil rigs fell by 1 rig this week, according to Baker Hughes Inc.

**Featured News**

- "Around $5M Bet On This Communication Services Stock? Check Out These 4 Stocks Insiders Are Buying"

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