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June 25, 2023
Against the current: Markets slid, yet Coinbase Global, Inc., Riot Blockchain, Inc., IPG Photonics Corp went up and made this list of Friday's top technology stocks gainers.
Leading equity indices in the US declined as S&P 500 was down 0.77% before closing the session at 4,348.33. Nasdaq lost 1% and ended the session at 13,500.
Even though markets fell Friday, some technology stocks were bullish. Have a look at these Top Gainers from Friday's session:
IPG Photonics | Closed +2.33% at $133.39
Having soared to a high of $134.75 approximately 9 days ago, the US photonics company is now trading 3.27% lower. So far this year, it has been outperforming the S&P 500 by 27.53%. IPG Photonics's market cap currently stands at $6.31 billion with an average daily trading volume of 315,690 shares. IPG Photonics is forecasted to generate revenues of $330.6 million and EPS of $1.14.
+6.92%: Coinbase ended Friday at $61.47, a 6.92% increase
Coinbase rallied 6.92% and ended the session at $61.47. The crypto exchange platform's market cap currently stands at $14.42 billion with an average daily volume of 15.82 million shares. So far this year, it has performed better than the Nasdaq by 71.31%.
Five9 | Up 2.33% to $77.27 Friday
Pronounced bullish sentiment in the market helped the customer engagement enabler to make a notable 2.33% gain Friday, rising $1.76 and ultimately closing at $77.27.
Riot Blockchain, Inc. | Up 3.2% to $11.6 Friday
The Bitcoin miner has gained 273.42% since its lowest print of $3.29 earlier this year. Currently, the US large-scale Bitcoin miner has a market capitalization of $2 billion with an average daily trading volume of 20.75 million shares. Riot Blockchain, Inc. expected revenue of $76 million with an EPS of -17 cents.
