Ten stocks capped off the trading week with significant gains, bucking a pessimistic broader market, as investors took heart from positive industry developments.
Meanwhile, Wall Street’s three major indices all finished in the red, with the Nasdaq leading the drop by 2.15 percent. The Dow Jones declined by 1.73 percent, while the S&P 500 dropped by 1.67 percent.
In this article, we spotlight the 10 top-performing companies on Friday and detail the reasons behind their gains.
To come up with the list, we focused on the stocks with a $2 billion market capitalization and 5 million shares in trading volume.
Photo by Tima Miroshnichenko on Pexels
10. Hecla Mining Company (NYSE:HL)
Hecla Mining grew its share prices by 4.30 percent on Friday to close at $17.93 apiece, tracking the rally in prices of silver and gold, as investors fled to safer assets amid uncertainties in the ongoing tensions in the Middle East.
During the session, silver and gold both rallied by more than 2 percent, as tensions in the Middle East intensified after Israel announced that it would continue to attack Iran despite the United States’ announcement that it would halt strikes for 10 days.
This, in turn, sparked an investing appetite in gold and silver producers, including Hecla Mining Company (NYSE:HL), as investors bet that the surging spot prices would support higher profit margins in their next earnings.
In other news, Hecla Mining Company, through its wholly owned subsidiary, successfully sold its Casa Berardi Mine in Quebec, Canada.
The transaction involved the receipt of $160 million in cash and approximately 65.8 million Orezone common shares upon closing, on top of $321 million worth of deferred cash payments and contingent cash consideration.
Founded in 1891, Hecla Mining Company is one of the oldest and largest silver mining producers in the world, with operations in the US and Canada.
9. Equinox Gold Corp. (NYSEAmerican:EQX)
Equinox grew its share prices by 4.57 percent on Friday to close at $12.58 apiece, as investors gobbled up shares in mining companies following the surge in prices of precious metals.
The stock climbed alongside its counterparts, namely Hecla Mining, IAMGOLD Corp., Coeur Mining, and First Majestic Silver, among others, as investors bet that the higher spot prices would support higher profit margins moving forward.
As of writing, spot prices of silver were up by 2.50 percent at $69.76 per ounce, while gold jumped by 2.70 percent to $4,494.09 an ounce, with funds resorting to safer assets amid intensifying tensions in the Middle East.
Despite Washington’s announcement that it would halt strikes on Iran for 10 days, Israel said that it would continue attacks because the Islamic Republic had not heeded warnings to stop firing missiles at its civilians.
Uncertainties aside, Equinox Gold Corp. (NYSEAmerican:EQX) is one of the largest gold producers in the world, with operations in Canada and across the Americas.
Last year, it incurred a 35-percent drop in its net income to $221.5 million from $339.3 million in 2024, while revenues doubled to $1.8 billion from $912.8 million year-on-year.
In the fourth quarter alone, net profit expanded by 600 percent to $197.5 million from $28.3 million, while revenues surged by 89 percent to $681.4 million from $359.4 million.
8. IAMGOLD Corp. (NYSE:IAG)
IAMGOLD jumped by 4.91 percent on Friday to finish at $17.74 apiece, as investor sentiment was bolstered by the surge in prices of precious metals.
The stock rallied alongside its mining counterparts, namely Equinox, First Majestic, Coeur, and Hecla Mining, among others, after the spot prices of silver and gold increased by more than 2 percent during the day. Investors placed bets on safer assets to mitigate risks from the uncertainties in the Middle East tensions.
In other news, IAMGOLD Corp. (NYSE:IAG) last year dropped its net income from continuing operations attributable to shareholders by 18.9 percent to $664.4 million from $819.6 million in 2024.
Revenues, on the other hand, soared by 75 percent to $2.852 billion from $1.633 billion year-on-year.
In the fourth quarter alone, IAMGOLD Corp. incurred a 372-percent jump in net income attributable to shareholders at $406.6 million versus $86.2 million in the same period a year earlier. Revenues increased by 131 percent to $1.088 billion from only $469.9 million year-on-year.
7. The Campbell’s Company (NASDAQ:CPB)
Campbell’s rallied for a second day on Friday, jumping 4.96 percent to finish at $21.99 apiece, as investors gobbled up shares ahead of the cutoff date for its next dividends.
According to the company, it would pay dividends amounting to $0.39 per share held to all shareholders of record as of April 2, payable on May 4, 2026.
This marks the second round of dividends for 2026 alone, having paid the same amount last February 2.
The dividends followed the results of The Campbell’s Company’s earnings performance in the second quarter of fiscal year 2026, with attributable net income dropping by 16 percent to $145 million from $173 million in the same quarter a year earlier.
Net sales dipped by 4.5 percent to $2.56 billion from $2.68 billion year-on-year on the back of lower volume/mix.
To support shareholder value, The Campbell’s Company is also underway with a share repurchase program, with $473 million still unspent, covering $172 million under its September 2024 anti-dilutive share repurchase program and another $301 million from its September 2021 authorized buyback initiative.
6. Brown-Forman Corp. (NYSE:BF-B)
Brown-Forman extended its rally for a third day on Friday, adding 5.63 percent to close at $27.19 apiece as investors took path from JPMorgan’s rating and price target upgrade for the stock.
In a market note, JPMorgan lifted its price target for Brown-Forman Corp. (NYSE:BF-B) to $27 from $25 previously, while upgrading its rating to “neutral” from “underweight” previously, reflecting its stance on the liquor maker’s willingness to review higher value opportunities.
“Even if a deal is not consummated, in our view, the news signals that BF is at least willing to sit at the table and consider value creation opportunities,” JPMorgan said.
On Thursday, Brown-Forman Corp. confirmed that it was reviewing a “merger of equals” with Pernod Ricard in line with their aim to create a global spirits leader “with enhanced scale, a powerful brand portfolio, and a balanced geographic footprint.” It said, however, that a deal was not guaranteed.
Brown-Forman Corp. is a global leader in the spirits industry, which owns Jack Daniel’s Family of Brands, Woodford Reserve, Old Forester, New Mix, el Jimador, Herradura, The Glendronach, Glenglassaugh, Benriach, Diplomático Rum, Gin Mare, Fords Gin, Chambord, and Slane.
5. Coeur Mining Inc. (NYSE:CDE)
Coeur Mining snapped a two-day losing streak on Friday, adding 5.94 percent to finish at $17.13 apiece, as investor sentiment was bolstered by the surge in prices of precious metals.
The stock rallied alongside its mining counterparts, tracking the 2-percent rally in spot prices of silver and gold, as investors fled to safer assets amid uncertainties from the ongoing tensions in the Middle East.
On Friday, Israel announced that it would continue to attack Iran, despite Washington’s 10-day halt, after the Islamic Republic failed to heed warnings against striking its civilians.
The heightened tensions, however, attracted funds to silver and gold miners on bets that the metals’ surge would spill over to their profit margins in the future.
Coeur Mining Inc. (NYSE:CDE) is a US-based gold and silver producer that owns the Las Chispas silver-gold mine in Sonora, Mexico; the Palmarejo gold-silver complex in Chihuahua, Mexico; the Rochester silver-gold mine in Nevada; the Kensington gold mine in Alaska; and the Wharf gold mine in South Dakota.
In addition, Coeur Mining Inc. also owns the Silvertip polymetallic critical minerals exploration project in British Columbia.
Last year, its net income soared by 895 percent to $585.9 million from $58.9 million in 2024. Consolidated revenues increased by 96 percent to $2.07 billion from $1.054 billion year-on-year.
Of the total, gold sales amounted to $1.343 billion, or an 83 percent jump from the $734.9 million in 2024, while silver sales increased by 128 percent to $726.4 million from $319.1 million year-on-year.
4. Entergy Corp. (NYSE:ETR)
Entergy rallied for a fifth straight day on Friday, jumping 6.82 percent to close at $109.88 apiece, as investors gobbled up shares after clinching a new deal with Meta Platforms that would result in as much as $2.65 billion in customer savings for its customers.
In a statement, Entergy Corp. (NYSE:ETR) said that it earned the backing of Meta for its hyperscale data center in Northeast Louisiana, under which the latter would shoulder the full cost of service, including resilience and storm-related investments that otherwise would be borne by existing customers.
Additionally, Meta would contribute to The Power to Care program, energy efficiency initiatives, incremental carbon-free nuclear energy solutions, as well as renewable energy options, including up to 2,500 megawatts of additional solar.
This, in turn, could support $2 billion in additional savings for Entergy customers, on top of the $650 million announced previously.
“This agreement reflects what’s possible when strong partners align around long-term growth and value,” Entergy Corp. President and CEO Phillip May said.
“Working with our customers, regulators and state leaders, we are making targeted investments that strengthen reliability, support economic development and deliver meaningful benefits to customers—all while keeping energy rates affordable, which aligns perfectly with Meta’s Ratepayer Protection Pledge and Entergy’s Fair Share Plus pledge,” he added.
3. First Majestic Silver Corp. (NYSE:AG)
First Majestic soared by 7.04 percent on Friday to close at $20.68 apiece, as investors loaded portfolios in mining stocks amid the rally in prices of precious metals.
During the session, the spot prices of silver and gold were up by more than 2 percent, as investors poured funds into the assets to mitigate risks from the ongoing tensions in the Middle East.
The cautious sentiment was further fueled by Israel’s announcement on the same day that it would continue to attack Iran for failing to heed its warning against attacking the Israeli civilians.
Optimism, however, spilled over to mining stocks on expectations that the current surge in prices would bolster their profit margins in the future.
First Majestic Silver Corp. (NYSE:AG) is one of the largest silver producers in the world, with operations in Mexico and the US. It owns and operates various mine sites, namely San Dimas, Los Gatos, Encantada, and Santa Elena, among others.
Last year, First Majestic Silver Corp. swung to a net income of $211 million from a $101.9 million net loss in 2024. Revenues soared by 124 percent to $1.26 billion from $560.6 million year-on-year.
2. ADMA Biologics Inc. (NASDAQ:ADMA)
ADMA Biologics snapped a five-day losing streak on Friday, soaring 11.58 percent to finish at $9.25 apiece after debunking a short seller report that criticized the company for allegedly issuing misleading information about its growth.
In a statement, ADMA Biologics Inc. (NASDAQ:ADMA) denied Culper Research’s criticism of the demand for Asceniv, saying that it has increased over the past two years based on distributor and customer data.
Additionally, it refuted claims of channel stuffing, saying that there was a “misunderstanding” as distributors must maintain a level of safety stock to ensure that patients prevent from missing treatments.
ADMA Biologics Inc. also said that its financial statements were clean and that independent auditors reviewed the books with an unqualified opinion.
“ADMA is committed to leading a new age of manufacturing, marketing, and commercializing specialty biologic products for the prevention and treatment of infectious diseases in the immunocompromised and other patients at risk for certain infections, and creating long-term value for its stockholders,” it said.
Despite the clarification, a shareholder law firm remained firm on investigating the short seller report to see if the listed firm may have violated federal securities laws.
1. Unity Software Inc. (NYSE:U)
Unity Software climbed by 13.57 percent on Friday to close at $19.46 apiece after raising its preliminary revenue growth outlook for the first quarter of the year, on the back of strong performance from its Vector business.
In an updated report, Unity Software Inc. (NYSE:U) said it now expects revenues to reach $505 million to $508 million, or 3.7 percent to 5.2 percent higher than the $480 million to $490 million targeted previously
Adjusted EBITDA is also expected to be between $130 million and $135 million, as compared with the $105 million to $110 million earlier.
The projected results were attributed to the strong performance of Unity Vector, a $155 million projected revenue from Create, and $352 million from Grow.
“Unity Vector continues to deliver robust growth each quarter, driving results meaningfully above our guidance. Today’s actions will accelerate Vector’s impact on our business, enhancing both revenue growth and profitability,” Unity Software Inc. CEO Matt Bromberg said.
Meanwhile, the company is embarking on a new growth initiative that would see its exit from two businesses, namely ironSource Ads Network and Supersonic game publishing.
Unity Software Inc. said that it is already in talks with a financial advisor to assist with the divestiture of the latter.
“Once completed, Unity expects these changes to result in faster revenue growth, increased Adjusted EBITDA, and higher Adjusted EBITDA margins,” it added.
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