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May 10, 2023
RingCentral is slightly down 17.89% and stands on top of this list of technology stocks gainers.
Markets are mixed with Dow Jones slipping 0.44% and closing at 33,400. Nasdaq goes up 0.52%, trading at 12,243.
Current market events are being influenced by ambiguous macro data as data for United States Crude Oil Inventories published today at 14:30 UTC came out at 2.95 million, beating projections of -917,000 and showing improvement over the preceding figure of -1.28 million.
+7.51%: Akamai Technologies up 7.51%, trading around $84.8
Despite closing yesterday at $78.88 and then climbing as high as $86.47 today, Akamai Technologies Inc has given up a sizeable portion of its gains to now trade at $84.8. The US cybersecurity firm's market cap currently stands at $13.25 billion with an average daily volume of 1.33 million shares. So far this year, it has been under-performing the S&P by 14.75%.
+7.65%: Zscaler up 7.65%, trading around $118.46
After ending yesterday at $110.05, Zscaler is currently trading at $118.46. Currently, the Californian cloud security company has a market capitalization of $17.19 billion with an average daily trading volume of 3.40 million shares. So far this year, it has been doing worse than the Nasdaq by 14.85%.
+17.89%: after ending the last session at $26.5, RingCentral shoots up to $31.24 (up 17.89%)
Following yesterday's session which closed at $26.5, RingCentral went up to $31.48 today only to drop back and trade at $31.24. RingCentral's market cap is currently $3 billion with an average daily trading volume of 1.75 million shares. So far this year, it has been under-performing the Nasdaq by 38.09%.
Riot Blockchain, Inc. | +10.66% in mid-session
Approximately 27 days ago, the US large-scale Bitcoin miner reached a significant high of $13.5 but has struggled to hold onto its gains and declined 15.26% since then. The company's market cap currently stands at $2.19 billion with an average daily volume of 27.85 million shares.
