StubHub, DoorDash, Netflix, and more

Major US stock indexes were mixed on Friday afternoon, after falling sharply on Thursday due to a sell-off in technology stocks. The Dow Jones Industrial Average fell 0.3%, while the S&P 500 rose 0.5%, and the Nasdaq rose 0.8%.

StubHub ( STUB ) stock fell nearly 25%, on its worst day since going public in September, a day after the ticket seller declined to provide guidance for the current quarter.

Shares of pharmaceutical company Bristol Myers Squibb (BMY) lost 3.4%, making it the biggest faller on the S&P 500. The company is halting a trial of a heart drug it is developing with Johnson & Johnson (JNJ).

Netflix (NFLX) shares fell nearly 3%, a day after reports emerged that the streaming giant is among those preparing to make bids to acquire Warner Bros. Entertainment. Discovery (WBD).

Cidara Therapeutics ( CDTX ) shares more than doubled in value after Merck ( MRK ) announced a deal to acquire the flu prevention drug maker for $221.50 per share, valuing it at about $9.2 billion.

DoorDash (DASH) stock was among the biggest gainers in the S&P with a nearly 7% rise, recovering some of the food delivery platform’s losses following its earnings report last week.

The price of Bitcoin fell, briefly falling below $95,000 on Friday morning. Most other major cryptocurrencies also declined. Oil futures rose 2.5% to exceed $60 per barrel, while gold futures fell about 2%. The yield on the 10-year Treasury note was little changed. The US dollar fell slightly against the euro, British pound and yen.