Shopify Breaks Black Friday Sales Record; Xenon Pharmaceuticals Rises on Positive Treatment Update

Cerence and Roivant Sciences see stock fall after disappointing updates; Kraft Heinz announces $3 billion buyback program.

Shopify Inc. announced a Black Friday record for worldwide sales of $4.1 billion from its merchants.
Xenon Pharmaceuticals Inc. saw a rise in stock price after a positive update on a potential depression treatment.
Cerence Inc., an automotive artificial intelligence developer, reported disappointing fiscal fourth-quarter earnings, leading to a fall in its stock price.
Roivant Sciences Ltd. gave investors a discouraging update on a potential lupus treatment, resulting in a drop in its stock price.
Kraft Heinz Co. announced a $3 billion stock buyback program.