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June 02, 2023
Off to the races! Markets are off to a great start this session; MongoDB has already added 32.78% to lead the way for stocks
The leading indices are showing gains — Dow Jones up to 33,500, gaining 1.3%. S&P 500 up to 4,259, gaining 0.9%.
Uptick coincides with some positive signs published earlier as data for United States Non Farm Payrolls published today at 12:30 UTC came out at 339,000, beating projections of 180,000 and showing improvement over the preceding figure of 294,000.
Here are the biggest stocks gainers so far today.
Dish Network | +16.72% to start today's session
After closing the previous trading day at $6.28, Dish Network is up to $7.33, which makes for a move of 16.72%/$1.05 today.
MongoDB | +32.78% to start today's session
The database developer reached $397.98, breaking a 9 months record. Later, it lost $7.66 and is now trading at $390.31. The database developer now trading 40% above its 3-month low of $137.35. The Nasdaq has been doing worse in 2022, it has been passing it by 33.39%. Currently, the database developer has a market capitalization of $27.53 billion with an average daily volume of 1.91 million shares.
MongoDB reported earnings results yesterday, with EPS at -1.15 and revenues at $368.28 million; these results are mixed when compared to a consensus of 0.19 Earnings Per Share and $347.15 million revenue. Since the release of its earnings report, MongoDB gained 32.86%.
Chemours | +25.38% to start today's session
The DuPont spinoff is now trading 22.19% below its 3-month high of $44.79. The company has a market cap of $5 billion with an average daily volume of 1.11 million shares. Chemours has a forecast of $1.46 billion with an EPS of 51 cents.
