Against the current: Markets slid, yet AMC Entertainment Holdings, Inc., Arrival, Smith & Nephew plc went up and made this list of yesterday's top stocks gainers.
Leading equity indices in the US declined as Dow Jones lost 2.06% and ended the session at 33,130. S&P 500 shed 2% and closed at 3,997.34.
While price action maintains a negative bias, United States Existing Home Sales (Jan) came out at 4 million, while a consensus of analysts was expecting 4 million.
Despite markets falling yesterday, some stocks managed to post gains. Have a look at these Top Gainers.
HSBC Holdings | Closed +4.55% at $39.04
The British financial services juggernaut closed at $39.04 after it made its largest daily jump of $1.7 (4.55%) since November 2022. Having set a significant high of $39.04 a day ago, the British financial services juggernaut is trading 4.35% lower. So far this year, it has been beating the S&P by 20.51%. The company's market cap currently stands at $155.91 billion with an average daily trading volume of 2 million shares.
+16.41%: AMC Entertainment levels up 16.41% in yesterday's session; traders eye opening bell in 3 hours time
Pronounced bullish sentiment in the market helped the theatrical exhibition business to make a notable 16.41% gain yesterday, rising 86 cents and ultimately closing at $6.1. The company is currently trading with a market cap of $3.13 billion with an average daily volume of 37.30 million shares. The Nasdaq has been doing worse in 2022, it has been passing it by 61.3%.
AMC Entertainment is scheduled to announce earnings results Tuesday. The consensus Earnings Per Share estimate is -0.2 and the consensus revenue estimate is $1.14 billion.
+5.53%: pre-market trading leads Smith & Nephew SNATS to drop to $29.04 (a 1.22% change) after ending yesterday at $29.4
After closing yesterday at $29.4, the medical equipment manufacturing company peaked at $29.83 before giving up early gains and closing at $29.4. Currently, the medical equipment manufacturing company has a market capitalization of $12.84 billion with an average daily trading volume of 604,264 shares. So far this year, it has been doing worse than the Nasdaq by 1.19%.
Smith & Nephew SNATS is trading in a $29.33 – $29.83 range prior to its earnings announcement.
Arrival | Closed +7.23% at 35 cents
Over the past 10 months, the EV maker has retreated 92.04% from a noteworthy peak of $4.1. So far this year, it has performed better than the Nasdaq by 100.52%. The company has a market cap of $223.42 million with an average daily volume of 7.76 million shares.