BUZZ-U.S. STOCKS ON THE MOVE-Shake Shack, Spark Therapeutics, Advanced Emissions
(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stocks fell on Friday, pressured by concern over by domestic economic growth and the potential impact of euro zone instability on U.S. corporate results. The Dow Jones industrial average was down 0.65 percent at 17,303.24, the S&P 500 was down 0.55 percent at 2,010.22 and the Nasdaq Composite was down 0.18 percent at 4,675.112.
** SHAKE SHACK INC, $48.23, +129.67 pct
Shares of gourmet hamburger chain soared 150 percent in their first few minutes of trading on Friday, valuing the company that grew out of a hotdog cart in New York's Madison Square Park at nearly $2 billion.
** GULF RESOURCES INC, $2.1499, +82.19 pct
The Chinese bromine and chemical product maker finds natural gas resources under its bromine well in Sichuan area.
** SPARK THERAPEUTICS INC, $48.2, +109.57 pct Continued...