Biggest stock movers Friday: NFLX, NSC, and more

Stock futures edged higher Friday morning after the S&P 500 closed at a record high, buoyed by strong corporate earnings and upbeat U.S. economic data.

Here are some of Friday’s biggest stock movers:

Biggest stock gainers

• Interactive Brokers (NASDAQ:IBKR) +5% — Shares rose after Q2 results topped expectations, fueled by surging trading activity. Daily average revenue trades hit 3.55M, up 49% Y/Y. Commission revenue reached $516M (+27% Y/Y), while net interest income rose to $860M from $770M in Q1. Trading volume increased across stocks (+31%), options (+24%), and futures (+18%). Customer accounts grew to 3.87M, up 32% Y/Y.
• Norfolk Southern (NYSE:NSC) +5% — Shares climbed following a report that Union Pacific (UNP) is in early talks to acquire its smaller rival. The deal would create the only coast-to-coast rail network in the U.S., combining UNP’s western routes with NSC’s 19,500-mile system across 22 eastern states. While UNP CEO Jim Vena has touted the benefits of a transcontinental railroad, any deal would face major regulatory hurdles from the Surface Transportation Board, DOJ, labor unions, and Amtrak.

Biggest stock losers