Shares of 10 Firms Soar on Friday

6. Airbnb Inc. (NASDAQ:ABNB)

Shares of Airbnb extended their winning streak for a third consecutive day, adding 14.45 percent to close at $161.42, as investor sentiment was fueled by its strong earnings performance last year.

In a statement, ABNB said it swung to a net income of $461 million in the fourth quarter of the year, reversing a net loss of $349 million in the same period a year earlier, as revenues rose 13.6 percent to $2.5 billion from $2.2 billion on the back of solid growth in overnight stays and a modest increase in average daily rate.

Meanwhile, the New York Times reported on the same day that ABNB co-founder Joe Gebbia is set to join the Elon Musk-led Department of Government Efficiency.

Citing people privy to the matter, the report said that Gebbia, a Tesla board member and close friend of Musk, is expected to start shortly, albeit his role in the government remains unclear.