7 Stocks you need to know for Friday
The rally in financial stocks led to a more than 10% gain in Wells Fargo (WFC | Quote | Chart | News | PowerRating), which reached all time highs on Thursday.
And the increased likelihood of a suitor had shares of Washington Mutual (WM | Quote | Chart | News | PowerRating) bouncing by more than 48%.
With no resolution to a labor stoppage in sight, Boeing (BA | Quote | Chart | News | PowerRating) fought off intraday selling to close up by nearly 2%.
The potential of a distribution alliance with Coca Cola (KO | Quote | Chart | News | PowerRating) encouraged traders to bid share of Hansen Natural Corporation (HANS | Quote | Chart | News | PowerRating) higher by more than 17% on Thursday.
Gapping down at the open and plunging intraday, Goldman Sachs (GS | Quote | Chart | News | PowerRating) managed to close down just under 6%.
Up more than 3% on Thursday, Kraft (KFT | Quote | Chart | News | PowerRating) will replace American International Group in the Dow Jones Industrial Average.
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