Markets were flat yesterday, yet MongoDB, Inc., Datadog, Inc., Snowflake Inc. showed impressive gains and made this list of top gainers.
Markets completed a mixed session yesterday while Dow Jones closed at 33,300, a 0.68% change. S&P 500 shed 0.38% and closed at 4,056.
This limbo state is reflected by published market data as 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 -4.58 million to -5 million this month.
Despite yesterday's flat session, several technology stocks are managing to post notable gains. Take a look at the market's Top Gainers:
+8.55%: bullish mood lifts Snowflake to session high of $149.28
Having closed Tuesday at $135.48, bullish sentiment helped Snowflake Inc. to reach highs around $149.28 before paring gains and ending yesterday at $147.06. The company has a market cap of $47.79 billion with an average daily volume of 5.34 million shares. So far this year, it has been under-performing the Nasdaq by 3.11%.
Datadog | Closed +10.5% at $69.27
The observability service for cloud-scale applications traded at $69.27 yesterday, after making its biggest single-day jump of $6.58 (10.5%) since Mar 31. The observability service for cloud-scale applications is now trading 51.2% below the significant high of $128.47 it set around 11 months ago. So far this year, it has been under-performing the Nasdaq by 16.74%. Datadog has a market cap of $22.30 billion with an average daily trading volume of 4.55 million shares. Datadog expected revenue of $449.63 million with an EPS of -9 cents.
+11.89%: bullish mood lifts MongoDB to session high of $243.31
After closing yesterday at $238.22, the database developer peaked at $243.31 before giving up early gains and closing at $238.22. MongoDB's market cap is currently $16.68 billion with an average daily trading volume of 1.40 million shares. So far this year, it has performed better than the Nasdaq by 16.25%.
Manhattan Associates | Up 8.53% to $165.71 yesterday
The inventory software developer has fallen back around 7.86% over the past a day, from a notable high of $165.71. The Nasdaq has been doing worse in 2022, it has been passing it by 28.97%. Currently, the inventory software developer has a market capitalization of $10.28 billion with an average daily volume of 257,476 shares.
Manhattan Associates reported earnings results Tuesday, with EPS at 0.618 and revenues at $221 million; these results are mixed when compared to a consensus of 0.64 Earnings Per Share and $200.51 million revenue. Since the release of its earnings report, Manhattan Associates gained 6.39%.