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May 26, 2023
Nvidia is yesterday's top mover after gaining 24.37%
Markets completed a mixed session yesterday while Nasdaq gained 1.71% and closed at 12,700. S&P 500 closed the day at 4,151.28, having gained 0.88%.
Today's muted price action is occurring amid mixed market indicators – United States Pending Home Sales improved upon its previous reading of -5.2% with a new data release of 0%.
“Top Movers” are assets that recorded the highest percentage change compared to their nearest peers. yesterday's most active technology stocks are listed below.
Nvidia gains 24.37% within $366.35 to $394.8 daily range
After closing yesterday at $379.8, the graphics processing unit manufacturer peaked at $394.8 before giving up early gains and closing at $379.8. Nvidia is currently trading with a market cap of $939.29 billion with an average daily volume of 46.24 million shares. The Nasdaq has been doing worse in 2022, it has been passing it by 327.52%.
Bullish mood lifts Monolithic Power Systems to session high of $494.75
The semiconductor developer topped out at $494.75 having ended yesterday at $488.32. However, despite early momentum, the stock gave up its gains to now trade at $488.32. Monolithic Power Systems's market cap is currently $23.16 billion with an average daily trading volume of 730,870 shares. So far this year, it has been outperforming the S&P by 44.83%.
Nutanix appreciates 16.8% with $29.89 as the high of the day
Nutanix ended Wednesday's session at $25.41. yesterday started with an increase to $29.89, but dropped back and closed at $29.68. Nutanix has a market cap of $6.83 billion with an average daily trading volume of 1.37 million shares.
