Against the current: Markets slid, yet WalkMe Ltd., Guidewire Software, Inc., Black Knight, Inc. went up and made this list of yesterday's top technology stocks gainers.
Leading equity indices in the US declined as Dow Jones was down 1.72% before closing the session at 32,856. S&P 500 closed at 3,986.37, a 1.53% change.
While price action maintains a negative bias, United States API Weekly Crude Oil Stock released yesterday at 21:30 UTC with a figure of -3.83 million, while the previous figure was 6.20 million.
Even though markets fell yesterday, some technology stocks were bullish. Have a look at these Top Gainers from yesterday's session:
+3.83%: risk-on sentiment allowed Black Knight to post 3.83% gain yesterday
Pronounced bullish sentiment in the market helped the integrated fintech provider to make a notable 3.83% gain yesterday, rising $2.24 and ultimately closing at $60.69. Black Knight's market cap is currently $9.47 billion with an average daily trading volume of 1.34 million shares. So far this year, it has been under-performing the Nasdaq by 11.98%.
+5.08%: Guidewire Software posts solid session with 5.08% gain; upside capped at $76.1
After closing yesterday at $75.15, the US software company peaked at $76.1 before giving up early gains and closing at $75.15. Guidewire Software is currently trading with a market cap of $6.15 billion so far this year, it has performed better than the Nasdaq by 10.88%.
Guidewire Software reported earnings results Monday, with EPS at -0.56 and revenues at $232.61 million; these results are mixed when compared to a consensus of -0.39 Earnings Per Share and $223.21 million revenue. Since the release of its earnings report, Guidewire Software gained 2.69%.
PowerFleet | Up 3.32% to $2.8 yesterday
PowerFleet rallied 9 cents (3.32%) deep into the session, reaching $2.8.
PowerFleet is scheduled to announce earnings results tomorrow. The consensus EPS estimate is -0.08 and the consensus revenue estimate is $34.53 million.
+5.88%: WalkMe appreciates 5.88% with $10.42 as the high of the day
WalkMe rallied 5.88% and ended the session at $10.26. The company's market cap currently stands at $867 million with an average daily volume of 77,531 shares.