U.S. stocks were mixed, with the Dow Jones index falling around 0.1% on Friday.

Shares of Veeva Systems Inc (NYSE:VEEV) rose sharply after the company announced it will join the S&P 500 Index on May 7.

Veeva shares jumped 11.6% to $174.00 on Friday.

Here are some other big stocks recording gains in today’s session.

  • Esperion Therapeutics Inc (NASDAQ:ESPR) gained 55.5% to $3.11 after the company announced it will be acquired by ARCHIMED.
  • Five9 Inc (NASDAQ:FIVN) gained 33.2% to $22.91 after the company reported better-than-expected first-quarter financial results and raised its FY26 guidance.
  • Pershing Square Inc. (NYSE:PS) rose 28.2% to $35.89 amid post-IPO volatility.
  • Lightwave Logic Inc (NASDAQ:LWLG) gained 21.6% to $16.68.
  • AXT Inc (NASDAQ:AXTI) gained 17.5% to $92.94 after the company reported better-than-expected first-quarter financial results and issued second-quarter guidance above estimates.
  • SoundHound AI Inc (NASDAQ:SOUN) surged 16.3% to $9.26.
  • Applied Optoelectronics Inc (NASDAQ:AAOI) gained 15% to $188.96.
  • Reddit Inc (NYSE:RDDT) surged 13.7% to $167.60 after the company reported better-than-expected first-quarter financial results and issued second-quarter sales guidance above estimates.
  • nVent Electric PLC (NYSE:NVT) gained 12.7% to $161.09 after the company reported better-than-expected first-quarter financial results and raised its FY26 EPS guidance.
  • Nebius Group NV (NASDAQ:NBIS) surged 11.7% to $154.44 after the company agreed to acquire Eigen AI to expand its AI inference capabilities and strengthen its Nebius Token Factory platform.
  • Paramount Skydance Corp (NASDAQ:PSKY) gained 9% to $11.16 after Morgan Stanley upgraded the stock from Underweight to Overweight and raised its price target from $11 to $14.
  • Encompass Health Corp (NYSE:EHC) surged 8.8% to $108.81 after the company reported better-than-expected first-quarter financial results and raised its FY26 guidance.
  • HubSpot Inc (NYSE:HUBS) gained 7.7% to $238.84.
  • Seagate Technology Holdings PLC (NASDAQ:STX) gained 6.3% to $716.32.

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