Against the current: Markets slid, yet Coinbase Global, Inc., Riot Blockchain, Inc., IPG Photonics Corp went up and made this list of yesterday'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 was down 1% before closing the session at 13,500.
Amid the market gloom, United States Services PMI released yesterday at 13:45 UTC with a figure of 54.1, while the previous figure was 54.9.
Despite markets falling yesterday, some technology stocks managed to post gains. Have a look at these Top Gainers.
+2.33%: IPG Photonics gains 2.33% within $128.04 to $133.5 daily range
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 company is currently trading with a market cap of $6.31 billion with an average daily trading volume of 315,690 shares. So far this year, it has been beating the S&P by 27.53%.
+6.92%: Coinbase gains 6.92% within $55.75 to $61.89 daily range
The crypto exchange spearhead closed Thursday at $57.49. yesterday, it gained 6.92% and remained around $61.47. Currently, the crypto exchange platform has a market capitalization of $14.42 billion with an average daily volume of 15.82 million shares. The Nasdaq has been doing worse in 2022, it has been passing it by 71.31%.
Five9 | Up 2.33% to $77.27 yesterday
The past 3 months have been positive for the cloud software provider as it added 24% compared to its 3-month low of $47. So far this year, it has been doing worse than the Nasdaq by 11.38%. The cloud software provider's market cap currently stands at $5.50 billion with an average daily volume of 1.39 million shares. Five9's last revenue report was $218.44 million with an EPS of -30 cents.
+3.2%: Riot Blockchain, Inc. levels up 3.2% in yesterday's session; traders eye opening bell in 2 days time
The Bitcoin miner closed Thursday at $11.24. yesterday, it gained 3.2% and remained around $11.6. The Bitcoin miner's market cap currently stands at $2 billion with an average daily trading volume of 20.75 million shares.