Nasdaq Leaders and Laggards: HANS ATVI

The Nasdaq 100, which includes the 100 largest nonfinancial securities that trade on the Nasdaq stock exchange, lost 6.57 points to close at 1,960.29.

Shares of Hansen shed $1.54, or 5.1 percent, to $28.60, continuing their slide after the beverage maker posted a weaker-than-expected first-quarter profit earlier in the week.

Shares of Steel Dynamics lost $1.68, or 4.6 percent, to $34.49. On Friday, the steel maker said a subsidiary would buy the remaining interest in Recycle South LLC in a deal valued at about $370 million.

Shares of China-based advertising network operator Focus Media Holdings Ltd. slid $1.45, or 3.6 percent, to $39.03.

Among the gainers, shares of Activision Inc. soared $3.94, or 14.2 percent, to $31.64 after hitting an all-time high of $31.71 earlier in the session. The video game publisher posted a first-quarter profit that beat Wall Street estimates.

Shares of Leap Wireless International Inc. rose $4.38, or 8.7 percent, to $54.48 after the wireless communication company said its first-quarter loss narrowed.

Shares of Liberty Media Holdings Corp. International added 49, or 3.1 percent, to $16.11. On Thursday, the video programmer and communication services provider said its first-quarter revenue rose in all three of its segments.