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March 13, 2023Against the current: Markets slid, yet PLAYSTUDIOS, Inc., IAA, Inc., Bilibili Inc. went up and made this list of Friday's top stocks gainers.
Leading equity indices in the US declined as S&P 500 lost 1.45% and ended the session at 3,861.59. Nasdaq slipped 1.76% and closed at 11,139.
Even though markets fell Friday, some stocks were bullish. Have a look at these Top Gainers from Friday's session:
Bilibili | Closed +5.96% at $19.73
An influx of buyers helped the Chinese video community enabler to end the session higher around $19.73, while establishing a $18.76 to $20.24 session range Friday.
+10.37%: IAA levels up 10.37% in Friday's session; traders eye opening bell in 8 hours time
After ending Thursday at $37.61, the used car dealer company spiked to $42 and closed Friday at $41.51 — gaining 10.37% overall. IAA's market cap is currently $5.56 billion with an average daily trading volume of 3.80 million shares.
Playstudios | Up 14.41% to $3.97 Friday
Having soared to a high of $6.48 approximately 9 months ago, the mobile and social gaming developer is now trading 46.45% lower. Playstudios is currently trading with a market cap of $525.45 million with an average daily volume of 222,645 shares.
Playstudios released its quarterly earnings report Thursday, beating analysts estimates. The company reported earnings of -0.02 per share on revenue of $79.38 million, topping estimates of -0.03 per share on revenue of $70 million. Since the release of its earnings report, Playstudios gained 9.97%.
