Against the current: Markets slid, yet Cyren Ltd., Guardant Health, Inc., Farfetch Limited went up and made this list of yesterday's top stocks gainers.
Leading equity indices in the US declined as after dropping 1.69%, Nasdaq closed at 11,400. Dow Jones closed at 32,817, a 1.02% change.
While price action maintains a negative bias, United States New Home Sales (Jan) released yesterday at 15:00 UTC with a figure of 670,000, while the previous figure was 625,000.
Despite markets falling yesterday, some stocks managed to post gains. Have a look at these Top Gainers.
+11.31%: Farfetch Limited posts solid session with 11.31% gain; upside capped at $5.68
The online luxury fashion retail platform rose as high as $5.68 before giving up its gains and dropping back to $5.51 before the close on yesterday. Farfetch Limited is currently trading with a market cap of $2.10 billion with an average daily trading volume of 15.26 million shares. So far this year, it has performed better than the Nasdaq by 19.87%.
Guardant Health | Closed +11.68% at $28.88
The precision oncology company closes its best day in 3 months, jumping by 11.68% ($3) to $28.88. The precision oncology company has shed 46.68% over the past three months. So far this year, it has been under-performing the Nasdaq by 0.86%. The company has a market cap of $2.96 billion with an average daily volume of 2.19 million shares.
Guardant Health released its quarterly earnings report Thursday, beating analysts estimates. The company reported earnings of -1.36 per share on revenue of $126.89 million, topping estimates of -1.4 per share on revenue of $123.93 million. Since the release of its earnings report, Guardant Health gained 4.41%.
Cyren | Up 61.9% to 34 cents yesterday
Cyren dropped to 20 cents, hitting its lowest point in 1 year. It later recovered 14 cents and closed higher at 34 cents. Having set a significant high of $10.41 11 months ago, the state-of-the-art email security software developer is trading 98% lower. The company's market cap currently stands at $2.72 million with an average daily volume of 2.39 million shares. Cyren last reported revenue of $5.83 million with an EPS of -77 cents.