Markets were flat Friday, yet Lyft, Inc., SAP, Confluent, Inc. Class A Common Stock showed impressive gains and made this list of top gainers.
Markets did not have a clear cut direction — Nasdaq closed 12,072 after a stable day. Dow Jones closed at 33,800 after a flat day.
Despite Friday's flat session, several technology stocks are managing to post notable gains. Take a look at the market's Top Gainers:
+5.59%: pre-market trading leads SAP to drop to $132.63 (a 0.99% change) after ending Friday at $133.95
After ending Thursday's session at $126.86, SAP went up to $134.63 Friday only to fall back and close at $133.95. Currently, the German multinational software corporation has a market capitalization of $156.34 billion with an average daily trading volume of 1 million shares. So far this year, it has performed better than the S&P 500 by 23.44%.
Lyft | Closed +6.1% at $10.44
Having set a significant high of $33.91 11 months ago, the transport solutions business is trading 71% lower. So far this year, it has been under-performing the Nasdaq by 20.44%. Lyft's market cap is currently $3.86 billion with an average daily volume of 18.41 million shares.
Lyft is scheduled to announce earnings results Monday. The consensus EPS estimate is -0.06 and the consensus revenue estimate is $981.27 million.
Confluent | Closed +3.81% at $24.53
Over the past 11 months, the data infrastructure provider has retreated 32.41% from a noteworthy peak of $34.96. So far this year, it has been beating the Nasdaq by 1.68%. Confluent's market cap currently stands at $7.14 billion with an average daily trading volume of 2.48 million shares. Confluent last reported revenue of $168.67 million with an EPS of -9 cents.
Pegasystems | Up 3.67% to $47.43 Friday
The CRM software developer has gained 38.93% since its lowest print of $30.42 earlier this year. The Nasdaq has been doing worse in 2022, it has been passing it by 24.95%. The CRM software developer's market cap currently stands at $3.91 billion with an average daily volume of 237,064 shares.
The company trades at $47.43 ahead of quarterly performance report which is scheduled to be released Wednesday.