Crude Oil Rises Over 2%; Fisker Shares Plummet

U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining more than 1% on Friday.

The Dow traded up 0.23% to 39,084.47 while the NASDAQ rose 1.22% to 16,287.91. The S&P 500 also rose, gaining, 0.78% to 5,135.86.

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Leading and Lagging Sectors

Energy shares rose by 1.4% on Friday.

In trading on Friday, utilities shares fell by 1.3%.

Top Headline

The total number of active U.S. oil rigs climbed by 3 to 506 rigs this week, Baker Hughes Inc reported.

Equities Trading UP

BioVie Inc. (NASDAQ: BIVI) shares shot up 55% to $1.92 after the company announced that its Ne3017 demonstrated potential improvements in motor and non-motor symptoms for Parkinson’s Disease patients and may be realigning physiological processes for Alzheimer’s patients.

Shares of Cardiff Oncology, Inc. (NASDAQ: CRDF) got a boost, surging 37% to $2.41 after the company reported better-than-expected fourth-quarter financial results, provided a clinical update on the Phase 2 randomized second-line ONSEMBLE trial in patients with RAS-mutated mCRC and announced the first patient was dosed in the randomized first-line RAS-mutated mCRC trial.

The RealReal, Inc. (NASDAQ: REAL) shares were also up, gaining 45% to $2.5610 following upbeat quarterly results.

Equities Trading DOWN

Sidus Space, Inc. (NASDAQ: SIDU) shares dropped …

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