Markets were flat yesterday, yet AppLovin Corporation, Entegris, Inc., Maravai LifeSciences Holdings, Inc. showed impressive gains and made this list of top gainers.
Markets completed a mixed session yesterday while Dow Jones lost 0.66% and ended the session at 33,300. S&P 500 slipped 0.17% and closed at 4,130.62.
Current market events are being influenced by ambiguous macro data as United States Producer Price Index improved upon its previous reading of -0.4% with a new data release of 0.2%.
Despite yesterday's flat session, several stocks are managing to post notable gains. Take a look at the market's Top Gainers:
Applovin | Up 23.53% to $22 yesterday
The mobile technology company topped out at $23 having ended yesterday at $22. However, despite early momentum, the stock gave up its gains to now trade at $22.
+19.61%: Entegris closes at $93.43 after gaining 19.61%
Having closed Wednesday at $78.11, bullish sentiment helped Entegris to reach highs around $96.85 before paring gains and ending yesterday at $93.43. The critical materials company's market cap currently stands at $13.98 billion with an average daily volume of 1.78 million shares. The Nasdaq has been doing worse in 2022, it has been passing it by 44.25%.
Maravai LifeSciences | Closed +12.95% at $13.69
The vaccine research provider closed at $13.69 after it made its largest daily jump of $1.57 (12.95%) since November 2022. Having soared to a high of $35.69 approximately 11 months ago, the drug therapy developer is now trading 66.04% lower. Maravai LifeSciences's market cap is currently $3.43 billion with an average daily trading volume of 3 million shares.