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June 07, 2023
Roku having a good day, gaining 12.38%
Markets are mixed with Nasdaq trades at 13,172 after losing 0.79%. S&P 500 slipping 0.23% and closing at 4,274.
Today's muted price action is occurring amid mixed market indicators – Crude Oil Inventories in United States fell short of market expectations (1 million) with a reading of -451,000, continuing the decline from the previous figure of 4.49 million.
Assets that recorded the greatest percentage change in relation to their peers are designated as "Top Movers" with the most active stocks listed below.
Roku | +12.38% in mid-session
Roku leapt up to $70 (12.38%) — now trading at $70.78. 5 months ago, the digital media company fell to a low of $38.8 but has since recovered 62.32%. So far this year, it has been beating the Nasdaq by 33.52%. The streaming pioneer's market cap currently stands at $9.96 billion with an average daily trading volume of 5.19 million shares. Roku is forecasted to generate revenues of $708.49 million and EPS of $-1.39.
PacWest Bancorp skyrockets 12.1% after trading as low as $8.14
After ending yesterday at $eight, PacWest Bancorp is currently trading at $8.97. Currently, the bank holding company has a market capitalization of $1 billion with an average daily volume of 36.62 million shares.
Zai Lab | Currently down 13.77% at $28.92
Zai Lab Limited has been losing ground for 3 days, shedding a total of 19% of its value. Similar trend today: tough session sees the oncology medicine developer shedding 13.77% in early trade
Bearish run continues, Mullen down to 52.48 cents (-13.4%)
More of the same today: the US automotive and EV manufacturer is trading close to the 52.48 cents level today, after ending yesterday at 60.6 cents and dropping 13.4%. Currently, the US automotive and EV manufacturer has a market capitalization of $114.60 million with an average daily volume of 37.60 million shares. So far this year, it has performed better than the Nasdaq by 66.73%.
