Markets were flat yesterday, yet NVIDIA, Mullen Automotive, Inc., Monolithic Power Systems Inc showed impressive gains and made this list of top gainers.
Markets completed a mixed session yesterday while Nasdaq closed the day at 12,700, having gained 1.71%. S&P 500 ended the session at 4,151.28 after a 0.88% gain.
Current market events are being influenced by ambiguous macro data as United States Pending Home Sales released earlier showed a marked improvement to 0% from the preceding data of -5.2%, but fell short of the 0.5% figure forecast by a consensus of market analysts.
Despite yesterday's flat session, several stocks are managing to post notable gains. Take a look at the market's Top Gainers:
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.
Monolithic Power Systems | Closed +17.46% at $488.32
After closing yesterday at $488.32, the semiconductor developer peaked at $494.75 before giving up early gains and closing at $488.32.
Mullen | +2.75% in pre-market trade with 2 hours until open
24 days ago the US automotive and EV manufacturer reached a significant high of $2.02 but has consequently lost 60.47% since then. So far this year, it has performed better than the Nasdaq by 357.15%. Mullen Automotive's market cap currently stands at $164.42 million with an average daily trading volume of 113.38 million shares. Mullen is forecasted to generate revenues of $37.3 million and EPS of $4.