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April 04, 2023
Against the current: Markets slid, yet Lyft, Inc., Five9, Inc., Snowflake Inc. went up and made this list of today's top technology stocks gainers.
Leading equity indices in the US declined as after dropping 0.59%, Dow Jones closed at 33,400. S&P 500 closed at 4,100.6, a 0.58% change.
While price action maintains a negative bias, United States JOLTs Job Openings (Feb) came out at 9.93 million, while a consensus of analysts was expecting 10.4 million.
Even though markets fell today, some technology stocks were bullish. Have a look at these Top Gainers from today's session:
Snowflake | Up 3.62% to $155.43 today
After ending yesterday at $150, Snowflake Inc. rallied to $158 today, hitting its highest point in 4 weeks. It later lost $2.57 and closed at $155.43. The cloud computing company is trading 37.82% lower compared to the $241.23 high it reached over the past year. So far this year, it has been under-performing the Nasdaq by 4.09%. The company is currently trading with a market cap of $50.51 billion with an average daily volume of 5 million shares. $589 million was Snowflake's last reported revenue with -60 cents being the current EPS.
Applovin extends five-day winning streak
Bullish sentiment helped the mobile technology company to hammer out a noteworthy $15.92 to $16.56 range today, and finally closing at $16.4 to end the session. The company's market cap currently stands at $6.17 billion with an average daily trading volume of 2.44 million shares. So far this year, it has been outperforming the Nasdaq by 32.74%.
+5.29%: Lyft closes at $9.55 after gaining 5.29%
An influx of buyers helped the urban mobility company to end the session higher around $9.55, while establishing a $9.03 to $9.59 session range today. The company has a market cap of $3.53 billion with an average daily trading volume of 20.93 million shares. So far this year, it has been doing worse than the Nasdaq by 33.23%.
Five9 | Closed +4.6% at $74.1
The customer engagement enabler went up to $74.1, gaining 4.6%.
