Against the current: Markets slid, yet Palo Alto Networks, Inc., monday.com Ltd., CrowdStrike Holdings, Inc. went up and made this list of yesterday's top technology stocks gainers.
Leading equity indices in the US declined as after dropping 0.77%, Dow Jones closed at 32,800. S&P 500 slipped 0.73% and closed at 4,115.24.
This down-slide takes place while United States macroeconomics indicators data published earlier are pointing downward as well — data from United States concerning Crude Oil Inventories was released yesterday at 14:30 UTC. Newly published figures emphasized continued decline from last month's figure of 5 million to -12.46 million this month.
Even though markets fell yesterday, some technology stocks were bullish. Have a look at these Top Gainers from yesterday's session:
Palo Alto Networks | +1.22% in pre-market trade with 2 hours until open
Having soared to a high of $575.58 approximately 8 months ago, the cybersecurity company is now trading 67.03% lower. So far this year, it has performed better than the Nasdaq by 36.46%. The company is currently trading with a market cap of $61.83 billion with an average daily trading volume of 4.89 million shares.
Palo Alto Networks released its quarterly earnings report Tuesday, beating analysts estimates. The company reported earnings of 1.1 per share on revenue of $1.72 billion, topping estimates of 0.93 per share on revenue of $1.71 billion. Since the release of its earnings report, Palo Alto Networks gained 6.35%.
+3.68%: CrowdStrike ended yesterday at $149.2, a 3.68% increase
The US cybersecurity company went up to $149.2, gaining 3.68%. Currently, the US software company has a market capitalization of $35.38 billion with an average daily volume of 3.46 million shares.
CrowdStrike is scheduled to announce earnings results Wednesday. The consensus EPS estimate is 0.51 and the consensus revenue estimate is $677.37 million.
+3.08%: Alteryx is up to $40.78 (+2.49%) in pre-market trading after closing yesterday's session at $39.79
Pronounced bullish sentiment in the market helped the data science and analytics company to make a notable 3.08% gain yesterday, rising $1.19 and ultimately closing at $39.79. The company's market cap currently stands at $2.80 billion with an average daily volume of 2.50 million shares.
Monday.com | Closed +4.23% at $164.29
An influx of buyers helped the cloud-based project management specialist to end the session higher around $164.29, while establishing a $154.9 to $166.33 session range yesterday.