Against the current: Markets slid, yet Bright Mountain Media, Inc., Cresco Labs Inc., Compugen Ltd. went up and made this list of yesterday's top stocks gainers.
Leading equity indices in the US declined as Dow Jones was down 0.77% before closing the session at 32,800. S&P 500 lost 0.73% and ended the session at 4,115.24.
This down-slide takes place while United States macroeconomics indicators data published earlier are pointing downward as well — highly important Crude Oil Inventories data from United States beat analyst expectations of -920,000 with a reading of -12.46 million.
Even though markets fell yesterday, some stocks were bullish. Have a look at these Top Gainers from yesterday's session:
+7.68%: Palo Alto Networks gains 7.68%; sets session high of $207.38
After closing Tuesday at $189.74, Palo Alto Networks, Inc. closed at $204.31 yesterday after climbing to $207.38 and dropping back down. The cybersecurity company's market cap currently stands at $61.83 billion with an average daily trading volume of 4.89 million shares. So far this year, it has been outperforming the Nasdaq by 36.46%.
Palo Alto Networks released its quarterly earnings report Tuesday, beating analysts estimates. The company reported earnings of 1.1 per share on revenue of $1.72 billion, topping estimates of 0.93 per share on revenue of $1.71 billion. Since the release of its earnings report, Palo Alto Networks gained 6.35%.
+100%: Bright Mountain Media opened at 7.9 cents yesterday before posting solid session gaining 100%
Bright Mountain Media rose 4 cents to close at 8 cents yesterday which makes for a move of 100%. The company's market cap currently stands at $13.79 million with an average daily volume of 11,184 shares.
Compugen | -13.28% yesterday including 2.15% gain in aftermarket trade
Pronounced bullish sentiment in the market helped the clinical-stage predictive drug discovery company to make a notable 13.28% gain yesterday, rising 10.9 cents and ultimately closing at 93 cents.
+13.86%: Cresco Labs gains 13.86% within $1.55 to $1.92 daily range
After ending Tuesday at $1.66, Cresco Labs went up to $1.92 only to drop back, yet still traded well overall and closed at $1.89 yesterday. Cresco Labs has a market cap of $571.44 million with an average daily volume of 498,182 shares.