Firefly Hikes on Partnering with NeuroSigma

The TSX index was flat on Friday, with small gains in financials and consumer discretionary sectors, while energy lagged. Akamai Technologies shares surged 14% after announcing a multiyear deal with Anthropic. The Canadian dollar inched up to 70.73 cents, and traders anticipate a 65% chance of a Bank of Canada rate hike in October.

Datadog (DDOG) stock rose 5.9% after Wedbush initiated coverage with an Outperform rating, signaling expected outperformance. The move follows a broader pre-earnings rally and is part of the stock's volatility, with 39 moves over 5% in the past year. DDOG is up 103% YTD, near its 52-week high of $288.15.

Wix (WIX) shares fell 5.1% after Gen Digital approached GoDaddy, pressuring web services sector. Investors questioned Gen Digital's ability to complete the deal due to high net debt. Wix's stock later recovered to $74.62, down 3.8% from the previous close. The stock has seen significant volatility, down 26.1% year-to-date and 58.7% from its 52-week high.

America's Car-Mart (CRMT) shares fell 18.7% after lenders extended temporary relief until October 1, 2026. The company faces potential defaults and is exploring strategic alternatives. It warned of risks including bankruptcy and losses for stockholders. The stock is down 95.5% year-to-date and 96.4% below its 52-week high.

First Financial Bancorp (FFBC) shares rose 3.4% after Truist Securities upgraded the stock to Buy and raised its price target to $37. Analyst Brian Foran cited potential upside from rising rates. The stock is up 30% year-to-date but remains 9.9% below its 52-week high.

Zscaler (ZS) shares fell 9% after announcing Chief Revenue Officer Mike Rich's departure for personal reasons. Ross Tackett will succeed him. The drop followed a 4% after-hours decline, attributed to profit-taking. Rich will remain as an advisor until December 2026. The stock is down 11.6% YTD and 42% from its 52-week high.