Against the current: Markets slid, yet WalkMe Ltd., StoneCo Ltd., PagSeguro Digital Ltd. went up and made this list of Friday's top technology stocks gainers.
Leading equity indices in the US declined as Dow Jones slipped 0.42% and closed at 33,900. Nasdaq lost 0.35% and ended the session at 12,123.
Despite markets falling Friday, some technology stocks managed to post gains. Have a look at these Top Gainers.
+2.68%: Palantir Technologies closes at $8.81 after gaining 2.68%
Bullish sentiment helped the big data analytics company to hammer out a noteworthy $8.47 to $8.91 range Friday, and finally closing at $8.81 to end the session. Palantir Technologies has a market cap of $18.51 billion with an average daily volume of 26.41 million shares. So far this year, it has been outperforming the Nasdaq by 25%.
StoneCo closed at $11.84 (up 45 cents) and added one more day to its six straight days of gains
After ending Thursday at $11.39, StoneCo spiked to $11.88 Friday, dropped back to starting point range, and rallied again to $11.84. StoneCo is currently trading with a market cap of $3.70 billion with an average daily trading volume of 6.12 million shares. The Nasdaq has been doing worse in 2022, it has been passing it by 27.75%.
PagSeguro Digital closed at $9.25 Friday, after seven straight days of gains
An influx of buyers helped the payment processing software developer to end the session higher around $9.25, while establishing a $8.95 to $9.43 session range Friday. The e-commerce and digital payments company's market cap currently stands at $3 billion with an average daily volume of 3.56 million shares. So far this year, it has been under-performing the Nasdaq by 1.63%.
WalkMe | Up 5.51% to $10.92 Friday
The stock has been trending positively for about a month. The company is currently trading with a market cap of $959.44 million with an average daily trading volume of 50,156 shares. WalkMe is forecasted to generate revenues of $63.98 million and EPS of -26 cents.