10 Stocks Delivering Outsized Gains; 3 Are Hitting Record Highs

Ten stocks capped off the trading week boasting strong gains, bucking a mixed broader market, as investors took heart from a series of industry developments and positive company-specific news, among others. Of the 10 stocks, three companies hit new record highs.

Meanwhile, only the Nasdaq and the S&P 500 finished in the green during the day, up 0.28 percent and 0.03 percent, respectively. The Dow Jones dropped by 0.48 percent.

In this article, we identify the 10 top-performing stocks on Friday and detail the reasons behind their gains.

To come up with the list, we focused exclusively on stocks with a $2 billion market capitalization and 5 million shares in trading volume.

Photo by Tima Miroshnichenko on Pexels

10. IREN Ltd. (NASDAQ:IREN)

IREN snapped a three-day losing streak on Friday, jumping 8.46 percent to close at $56.68 apiece as investors repositioned portfolios ahead of the results of its earnings performance for the second quarter of fiscal year 2026.

According to the company, it is scheduled to release its financial and operating highlights after market close on Thursday, February 5.

For the fiscal period, IREN Ltd. (NASDAQ:IREN) is targeting to register $3.4 billion in annualized revenue and expand to 140,000 GPUs to support the expansion of artificial intelligence.

“Our announced expansion to 140k GPUs represents only 16 percent of our 3GW grid-connected power portfolio, providing ample capacity to continue scaling IREN’s AI Cloud platform and drive long-term value creation,” IREN Ltd. (NASDAQ:IREN) co-founder and co-CEO Daniel Roberts earlier said.

“We secured several new multi-year contracts, including a landmark partnership with Microsoft, which solidifies IREN’s position as a leading AI Cloud Service Provider and expands our reach into new hyperscale customer segments,” he added.

9. Hycroft Mining Holding Corp. (NASDAQ:HYMC)

Hycroft soared to a new four-year record on Friday, as investors continued to load up portfolios amid silver and gold’s climb to new all-time highs.

At intra-day trading, Hycroft Mining Holding Corp. (NASDAQ:HYMC) jumped to its highest price of $51.47 before paring gains to end the day just up by 8.48 percent at $50.65 apiece. This as spot prices of silver cracked past the $103 level, while gold ran to as high as $4,988, or just $12 shy of the $5,000 territory.

The rally in precious metals and mining stocks remains boosted by geopolitical tensions between the world’s largest economy and the European Union despite both parties already recalling previously announced tariff plans, as investors stayed cautious amid a volatile and unpredictable US president.

Meanwhile, Hycroft Mining Holding Corp. (NASDAQ:HYMC) announced earlier that it had found the highest grades of silver in the Vortex Silver System at its Nevada site, and that drilling results in all depths and directions show continuity of resources.

Hycroft Mining Holding Corp. (NASDAQ:HYMC) is a US-based gold and silver producer exploring and developing one of the world’s largest precious metals deposits in Nevada.