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Stocks moved sharply higher during trading on Friday, extending the strong upward move seen on Tuesday and Wednesday. The major averages continued to recover after hitting their lowest levels in over a year in recent sessions.

Stocks moved sharply higher early in the session and continue to turn in a strong performance in afternoon trading on Friday. With the rally on the day, the major averages are extending the upward move seen over the two previous sessions.

Stocks have moved sharply higher in morning trading on Friday, extending the strong upward move seen over the two previous sessions. The major averages have all moved to the upside on the day, with the tech-heavy Nasdaq once again leading the way higher.

Revised data released by the University of Michigan on Friday showed consumer sentiment in the U.S. deteriorated by even more than previously estimated in the month of May. The report showed the consumer sentiment index for May was downwardly revised to 58.4 from the preliminary reading of 59.1.

Sanderson Farms, Inc. (SAFM) reported second-quarter net income of $321.2 million, or $14.39 per share, compared to $96.9 million, or $4.34 per share, prior year. The company said the increase in net income is primarily attributable to significantly higher average selling prices, partially offset by...

The Commerce Department released a report on Friday showing personal income in the U.S. increased by slightly less than expected in the month of April. The report showed personal income rose by 0.4 percent in April after climbing by 0.5 percent in March. Economists had been expecting another 0.5 percent increase.

Hasbro, Inc. (HAS) said independent proxy advisory firm Glass, Lewis & Co. has recommended that the company's shareholders vote for all of Hasbro's Director Nominees in connection with the Annual Shareholders Meeting. Glass Lewis believes Alta Fox failed to make a sufficient case for change, the company...

The board of directors of home improvement company Lowe's Cos., Inc. (NYSE: LOW) has declared a 31 percent higher quarterly cash dividend of $1.05 per share, payable August 3, 2022, to shareholders of record as of July 20, 2022. Lowe's has paid a cash dividend every quarter since going public in...

ClearSign Technologies Corporation (CLIR), a combustion and sensing technologies provider, on Friday announced the pricing of its latest underwritten public offering of 3.64 million shares at $1.11 per share, for gross proceeds of $4.04 million. With this offering, expected to close on or about June...

Software company Synopsys, Inc. (SNPS) announced Friday that it has entered into an accelerated share repurchase agreement (ASR) with Wells Fargo Bank, NA to repurchase an aggregate of $200 million of Synopsys stock. Under the terms of the ASR, Synopsys will receive an aggregate initial share delivery...

Following the strong upward move seen over the two previous sessions, stocks may see further upside in early trading on Friday. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.6 percent.

The Commerce Department released a report on Friday showing personal income in the U.S. increased by slightly less than expected in the month of April.

Immersion Corp. (IMMR) has filed a complaint against Meta Platforms, Inc. in the United States District Court for the Western District of Texas alleging that Meta's augmented and virtual reality systems infringe six Immersion patents. These patents cover various uses of haptic effects in connection with...

Southwest Gas Holdings, Inc. (SWX) announced Friday Senior Vice President and Chief Financial Officer Gregory Peterson's intention to retire no later than October 2022, after over 26 years of service. The Company has initiated a search process to identify the Company's next CFO and has urged Peterson's...

The following are some of the stocks making big moves in Friday's pre-market trading (as of 07.30 A.M. ET).