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February 22, 2023
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 was down 2.06% before closing the session at 33,130. S&P 500 closed at 3,997.34, a 2% change.
Amid the market gloom, United States Existing Home Sales (Jan) released yesterday at 15:00 UTC with a figure of 4 million, while the previous figure was 4 million.
Even though markets fell yesterday, some stocks were bullish. Have a look at these Top Gainers from yesterday's session:
HSBC | Up 4.55% to $39.04 yesterday
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 mega British bank is trading 4.35% lower. So far this year, it has performed better than 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.
AMC Entertainment | +4.75% in pre-market trade with 57 minutes until open
Having soared to a high of $29.44 approximately 10 months ago, the theatre company is now trading 82.2% lower. The Nasdaq has been doing worse in 2022, it has been passing it by 61.3%. AMC Entertainment's market cap is currently $3.13 billion with an average daily volume of 37.30 million shares.
AMC Entertainment is scheduled to announce earnings results Tuesday. The consensus EPS estimate is -0.2 and the consensus revenue estimate is $1.14 billion.
+5.53%: Smith & Nephew SNATS opened at $29.62 yesterday before posting solid session gaining 5.53%
Having closed Friday at $27.86, bullish sentiment helped Smith & Nephew SNATS to reach highs around $29.83 before paring gains and ending yesterday 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 trades at $29.4 ahead of quarterly performance report which is scheduled to be released Tuesday.
+7.23%: Arrival gains 7.23% within 31 cents to 37.14 cents daily range
After dipping down to 31 cents, Arrival regained earlier losses and ended up at 35 cents. Arrival's market cap currently stands at $223.42 million with an average daily trading volume of 7.76 million shares. So far this year, it has been beating the Nasdaq by 100.52%.
