Against the current: Markets slid, yet Lemonade, Inc., Shopify, Confluent, Inc. Class A Common Stock went up and made this list of today's top stocks gainers.
Leading equity indices in the US declined as Dow Jones slipped 0.86% and closed at 33,128. After dropping 0.72%, S&P 500 closed at 4,061.22.
This down-slide takes place while United States macroeconomics indicators data published earlier are pointing downward as well — data from United States concerning Initial Jobless Claims was released today at 12:30 UTC. Newly published figures emphasized continued decline from last month's figure of 229,000 to 242,000 this month.
Despite markets falling today, some stocks managed to post gains. Have a look at these Top Gainers.
Shopify | Closed +23.84% at $57.3
The Canadian multinational e-commerce company rose as high as $59.82 before giving up its gains and dropping back to $57.3 before the close on today.
Confluent | Closed +16.23% at $23.2
After closing yesterday at $19.96, Confluent closed at $23.2 today after climbing to $23.28 and dropping back down.
Confluent reported earnings results yesterday, with EPS at -0.36 and revenues at $174.30 million; these results are mixed when compared to a consensus of -0.14 Earnings Per Share and $167.32 million revenue. Since the release of its earnings report, Confluent gained 13.17%.
Lemonade gains 27.77%, closes at $14.17 ahead of the quarterly earnings report set for today
Lemonade ended yesterday's session at $11.09. today started with an increase to $14.5, but dropped back and closed at $14.17. Currently, the multifaceted insurance provider has a market capitalization of $984.21 million with an average daily volume of 1 million shares.
The company trades at $14.17 ahead of quarterly performance report which is scheduled to be released today.