Gainers
Innate Pharma S.A. (NASDAQ: IPHA) shares surged 47.1% to settle at $6.15 on Friday after SVB Leerink upgraded the stock from Market Perform to Outperform.
On CNBC's "Fast Money Halftime Report," Jon Najarian spoke about unusual options activity in Hut 8 Mining Corp (NASDAQ: HUT). He said it has volatility, volume and velocity.
Toward the end of trading Friday, the Dow traded down 0.11% to 35,403.67 while the NASDAQ rose 0.23% to 15,366.71. The S&P also rose, gaining 0.04% to 4,538.92.
Hut 8 Mining Corp (NASDAQ: HUT) shares are trading higher following mention of the stock on CNBC's Unusual Options Activity. The stock gained yesterday after the company provided a production update for August 2021:
Hut 8 Mining Corp (NASDAQ: HUT) is trading higher Thursday after the company provided a production update for August 2021. The stock could also be up in sympathy with the price of Bitcoin, which is up 1.2% at $49,349.
Bitcoin miners are making more money with the rising price of Bitcoin (CRYPTO: BTC), but margins could be under pressure as more mining companies enter the market given the limited supply.
Gainers
Sphere 3D Corp. (NASDAQ: ANY) shares surged 36% to $9.02 as traders circulate a tweet from popular Twitter trader Will Meade saying 'Long $ANY this is the next $SPRT and they have a very good management team.'
Gainers
Good Works Acquisition Corp. (NASDAQ: GWAC) rose 29.8% to $13.01 in pre-market trading. Good Works Acquisition and Cipher Mining reported shareholder approval of business combination.