Against the current: Markets slid, yet First Solar, Inc., Nutanix, Inc., Shoals Technologies Group, Inc. went up and made this list of Friday's top technology stocks gainers.
Leading equity indices in the US declined as Nasdaq slipped 0.35% and closed at 12,300. S&P 500 shed 0.16% and closed at 4,124.
Despite markets falling Friday, some technology stocks managed to post gains. Have a look at these Top Gainers.
+4.2%: Enphase Energy opened at $163.86 Friday before posting solid session gaining 4.2%
The clean energy tech developer went up to $167.55, gaining 4.2%. Enphase has a market cap of $22.96 billion with an average daily trading volume of 5.33 million shares. So far this year, it has been under-performing the S&P by 42.34%.
+26.48%: risk-on sentiment allowed First Solar to post 26.48% gain Friday
The PV power plant enabler topped out at $232 having ended Friday at $231.69. However, despite early momentum, the stock gave up its gains to now trade at $231.69. The company has a market cap of $24.75 billion with an average daily volume of 3.43 million shares. So far this year, it has been outperforming the Nasdaq by 72.61%.
Nutanix | Up 5.5% to $25.53 Friday
Having soared to a high of $33.32 approximately 4 months ago, the computer software developer is now trading 27.37% lower. Currently, the cloud computing company has a market capitalization of $5.87 billion with an average daily volume of 872,359 shares. Nutanix has a forecast of $464.96 million with an EPS of -25 cents.
+5.2%: bullish mood lifts Shoals Technologies to session high of $24.54
After closing at $22.89 on Thursday, Shoals Technologies rallied as high as $24.54 but ended the day at $24.08. The company is currently trading with a market cap of $4 billion with an average daily volume of 3.37 million shares.