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March 11, 2023
Against the current: Markets slid, yet Intel, Tuya Inc., Palo Alto Networks, Inc. went up and made this list of yesterday's top technology stocks gainers.
Leading equity indices in the US declined as S&P 500 closed at 3,861.59, a 1.45% change. Nasdaq was down 1.76% before closing the session at 11,139.
On the other hand, positive data was released earlier when data from United States concerning Non Farm Payrolls was released yesterday at 13:30 UTC. Newly published figures emphasized continued decline from last month's figure of 504,000 to 311,000 this month.
Even though markets fell yesterday, some technology stocks were bullish. Have a look at these Top Gainers from yesterday's session:
Intel | Closed +2.95% at $27.22
The integrated digital technology company has recovered 6.18% since descending to a significant low of $24.9 around 12 days ago. So far this year, it has been under-performing the Nasdaq by 4.74%. Intel's market cap is currently $112.61 billion with an average daily volume of 44.34 million shares. Intel is forecasted to generate revenues of $14.45 billion and EPS of 20 cents.
Palo Alto Networks | Up 0.7% to $185.71 yesterday
After ending Thursday at $184.42, Palo Alto Networks went up to $187 only to drop back, yet still traded well overall and closed at $185.71 yesterday.
Tuya | Up 1.78% to $1.72 yesterday
Generally flat but with a slight bullish bias, Tuya ranged between $1.64 and $1.75 before closing higher at $1.72.
Radcom | Ended yesterday's session at $10
The quality monitoring software provider traded as high as $13 before shedding 14.14% lower over the past six months. The company has a market cap of $144.57 million with an average daily trading volume of 20,230 shares.
