Etsy, Adobe rise; National Oilwell, Comerica fall
Posted Nov 27, 2020 12:53 pm.
Last Updated Nov 27, 2020 1:00 pm.
NEW YORK — Stocks that moved heavily or traded substantially Friday:
Etsy, up $15.46 to $160.55
Consumers appeared to prefer shopping from home instead of heading to stores on Black Friday.
Adobe, up $6.95 to $477.03
Shares of technology companies led the gains in the overall market.
Moderna, up $17.85 to $127.03
The vaccine maker benefitted from a setback for a competitor’s COVID-19 vaccine.
National Oilwell Varco, down 45 cents to $13.15
Energy companies slumped after posting solid gains earlier in the week.
MGM Resorts International, up 23 cents to $28.62
Shares of stocks whose performance hinges on the strength of the economy reopening rose.
American Airlines Group, up 4 cents to $14.98
Airlines stocks have jumped as more people are travelling for Thanksgiving week than any week since the pandemic hit.
Comerica, down $1.81 to $51.49
Stocks in the financial services sector were among the market’s laggards.
Mesa Air Group, up 44 cents to $6.68
A group led by billionaire investor Ron Burkle reported taking a nearly 8% stake in the owner of Mesa Airlines.
The Associated Press
