Markets were flat yesterday, yet Marathon Digital Holdings, Inc., Riot Blockchain, Inc., Illumina showed impressive gains and made this list of top gainers.
Markets completed a mixed session yesterday while Nasdaq ended the session at 11,200 after a 0.45% gain. Dow Jones lost 0.28% and ended the session at 31,819.
Current market events are being influenced by ambiguous macro data as United States Participation Rate (Feb) released yesterday at 13:30 UTC with a figure of 118.3, while the previous figure was 62.4.
Despite yesterday's flat session, several stocks are managing to post notable gains. Take a look at the market's Top Gainers:
+16.97%: risk-on sentiment allowed Illumina to post 16.97% gain yesterday
Having closed Friday at $194, bullish sentiment helped Illumina to reach highs around $238.55 before paring gains and ending yesterday at $226.94. Currently, the genetic analysis systems manufacturer has a market capitalization of $35.86 billion with an average daily trading volume of 1.45 million shares. So far this year, it has been outperforming the Nasdaq by 8.32%.
+25.7%: Marathon Digital Holdings, Inc. gains 25.7% within $5.35 to $6.96 daily range
The digital asset technology company went up to $6.7, gaining 25.7%. The company's market cap currently stands at $782.84 million with an average daily trading volume of 29.87 million shares.
+17.92%: Riot Blockchain, Inc. closes at $6.25 after gaining 17.92%
The US large-scale Bitcoin miner topped out at $6.35 having ended yesterday at $6.25. However, despite early momentum, the stock gave up its gains to now trade at $6.25. The company has a market cap of $1 billion with an average daily volume of 13.11 million shares.
Seagen | Closed +14.51% at $197.65
The biotechnology company reached $202.86, breaking a 2 years record. Later, it lost $5.21 and is now trading at $197.65. Having soared to a high of $197.65 approximately a day ago, the biotechnology company is now trading 12.67% lower. The Nasdaq has been doing worse in 2022, it has been passing it by 59.32%. The company's market cap currently stands at $36.92 billion with an average daily trading volume of 1.97 million shares. Seagen's last revenue report was $528.15 million with an EPS of -80 cents.