Markets were flat yesterday, 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 at 12,072 after a flat day. Dow Jones closed 33,800 after a stable day.
Current market events are being influenced by ambiguous macro data as United States Services PMI came out at 53.7, while a consensus of analysts was expecting 51.5.
Despite yesterday's flat session, several technology stocks are managing to post notable gains. Take a look at the market's Top Gainers:
SAP | Closed +5.59% at $133.95
The German software developer closed at $133.95 after it made its largest daily jump of $7.09 (5.59%) since Mar 16. Having soared to a high of $133.95 approximately a day ago, the German multinational software corporation is now trading 5.29% lower. The S&P 500 has been doing worse in 2022, it has been passing it by 23.44%. Currently, the German software developer has a market capitalization of $156.34 billion with an average daily trading volume of 1 million shares.
Lyft | Up 6.1% to $10.44 yesterday
The urban mobility company traded at $10.44 yesterday, after making its biggest single-day jump of 60 cents (6.1%) since Mar 21. The urban mobility company is now trading 71.15% below the significant high of $34.11 it set around 1 year, 1 day ago. So far this year, it has been under-performing the Nasdaq by 20.44%. Currently, the urban mobility company has a market capitalization of $3.86 billion with an average daily volume of 18.41 million shares. Lyft is forecasted to generate revenues of $1.16 billion and EPS of -48 cents.
Confluent | Closed +3.81% at $24.53
The data infrastructure provider gained 3.81% and stayed at $24.53 levels.
Pegasystems | Up 3.67% to $47.43 yesterday
The CRM software developer has managed to gain 38.93% so far this year despite trading at lows around $30.42 previously. So far this year, it has been outperforming the Nasdaq by 24.95%. The company is currently trading with a market cap of $3.91 billion with an average daily trading volume of 237,064 shares.
Pegasystems is scheduled to announce earnings results Wednesday. The consensus EPS estimate is 0.38 and the consensus revenue estimate is $353.96 million.