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April 26, 2023
Datadog leading the pack after gaining 13.96%
The leading indices are pointing up — Nasdaq up to 11,951, gaining 1.28%. S&P 500 up 0.29%, trading at 4,083.3.
Today's price action is taking place amid mixed market indicators – United States Crude Oil Inventories published today at 14:30 UTC came out at -5 million, falling short of the -1.49 million projections and continuing its decline from the previous -4.58 million figure.
Assets that recorded the greatest percentage change in relation to their peers are designated as "Top Movers" with the most active technology stocks listed below.
Upward momentum peaks at $72.67 for Datadog
Following yesterday's session which closed at $62.69, Datadog went up to $72.67 today only to drop back and trade at $71.44. The company is currently trading with a market cap of $22.99 billion with an average daily volume of 4.16 million shares. So far this year, it has been under-performing the Nasdaq by 27.03%.
MongoDB explodes 13.83% after trading as low as $226.2
Despite closing yesterday at $212.91 and then climbing as high as $243.31 today, MongoDB has given up a sizeable portion of its gains to now trade at $242.35. The company's market cap currently stands at $16.97 billion with an average daily trading volume of 1.27 million shares. So far this year, it has been doing worse than the Nasdaq by 2.37%.
Enphase Energy | -24.5% in mid-session
After closing the previous day at $220.6, the clean energy tech developer dropped to $163, hitting its lowest point in 9 months. It later recovered $3.56 and is now trading at $166.56. Over the past 4 months, the clean energy tech developer has retreated 34.35% from a noteworthy peak of $336. So far this year, it has been doing worse than the S&P by 20.51%. The company has a market cap of $22.81 billion with an average daily trading volume of 3.14 million shares.
