Markets were flat yesterday, yet NVIDIA, Monolithic Power Systems Inc, Nutanix, Inc. showed impressive gains and made this list of top gainers.
Markets completed a mixed session yesterday while Nasdaq ended the session at 12,700 after a 1.71% gain. S&P 500 gained 0.88% and closed at 4,151.28.
This limbo state is reflected by published market data as highly important Pending Home Sales data from United States beat analyst expectations of 0.5% with a reading of 0%.
Despite yesterday's flat session, several technology stocks are managing to post notable gains. Take a look at the market's Top Gainers:
TSMC | Closed +12% at $100.95
The Taiwanese multinational semiconductor maker closed at $100.95 after it made its largest daily jump of $10.82 (12%) since July 2020. Having soared to a high of $100.95 approximately a day ago, the semiconductor supplier is now trading 10.72% lower. The company has a market cap of $523.57 billion with an average daily volume of 11.48 million shares. TSMC is forecasted to generate revenues of $480.20 billion and EPS of $1.21.
Nvidia | Closed +24.37% at $379.8
The graphics processing unit manufacturer topped out at $394.8 having ended yesterday at $379.8. However, despite early momentum, the stock gave up its gains to now trade at $379.8.
+17.46%: MPS levels up 17.46% in yesterday's session; traders eye opening bell in 4 hours time
Having closed Wednesday at $415.73, bullish sentiment helped MPS to reach highs around $494.75 before paring gains and ending yesterday at $488.32. Monolithic Power Systems has a market cap of $23.16 billion with an average daily trading volume of 730,870 shares. So far this year, it has been outperforming the S&P by 44.83%.
Nutanix | Up 16.8% to $29.68 yesterday
Nutanix ended Wednesday's session at $25.41. yesterday started with an increase to $29.89, but dropped back and closed at $29.68.