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Alibaba, Wayfair upgrade, Snap subscriptions: Trending stocks

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Stocks were higher in early trading on Friday after experiencing a down week amid the Federal Reserve's September meeting.

Alibaba (BABA) shares rose as the Chinese government could be relaxing stock restrictions on foreign ownership of domestic publicly traded companies, according to a report from Bloomberg.

Wayfair (W) shares were up after the stock received an upgrade from Bernstein to "market perform" from "underperform," as well as a raised price target to $65 from $60.

Snap Inc. (SNAP) shares rose as the social media app has over five million users on its Snapchat+ paid subscription plan.

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