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June 26, 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 lost 0.77% and ended the session at 4,348.33. Nasdaq shed 1% and closed at 13,500.
Even though markets fell Friday, some technology stocks were bullish. Have a look at these Top Gainers from Friday's session:
+2.33%: IPG Photonics gains 2.33%; sets session high of $133.5
Generally flat but with a slight bullish bias, IPG Photonics Corp ranged between $128.04 and $133.5 before closing higher at $133.39. The US photonics company's market cap currently stands at $6.31 billion with an average daily volume of 315,690 shares. The S&P 500 has been doing worse in 2022, it has been passing it by 27.53%.
+6.92%: Friday Coinbase increased by 6.92%, ended the session at $61.47
The crypto exchange platform closed Thursday at $57.49. Friday, it gained 6.92% and remained around $61.47. Coinbase has a market cap of $14.42 billion with an average daily trading volume of 15.82 million shares. So far this year, it has been outperforming the Nasdaq by 71.31%.
+2.33%: bullish mood lifts Five9 to session high of $78.34
An influx of buyers helped the customer engagement enabler to end the session higher around $77.27, while establishing a $74.26 to $78.34 session range Friday. Five9 is currently trading with a market cap of $5.50 billion with an average daily volume of 1.39 million shares. So far this year, it has been doing worse than the Nasdaq by 11.38%.
Riot Blockchain, Inc. | Closed +3.2% at $11.6
The Bitcoin miner has managed to gain 273.42% so far this year despite trading at lows around $3.29 previously. The company is currently trading with a market cap of $2 billion with an average daily volume of 20.75 million shares. Riot Blockchain, Inc. is forecasted to generate revenues of $76 million and EPS of -17 cents.
