Gainers
Provention Bio, Inc. (NASDAQ: PRVB) shares jumped 250.8% to $23.50 after Sanofi announced it will acquire the company for $25 per share in cash.
The markets have offered investors a rollercoaster ride this week, with a flurry of activity and developments that have sent shockwaves through various sectors.
Companies Reporting Before The Bell
• Telefonaktiebolaget L M (NASDAQ:ERIC) is likely to report quarterly earnings at $0.21 per share on revenue of $7.50 billion.
The CNN Money Fear and Greed index moved to a "Neutral" zone after US stocks closed lower on Thursday.
The Dow Jones recorded losses for the third session in a row after investors grew concerned that the Fed will continue increasing interest rates despite signs of easing inflation.