Keysight Technologies is today's top mover after declining 15.29%
The leading indices are falling — S&P 500 drawing back 0.28% to 3,986. Nasdaq trades at 11,458 after losing 0.3%.
Today's price action is taking place amid mixed market indicators – United States Existing Home Sales (Jan) came out at 4 million, while a consensus of analysts was expecting 4 million.
“Top Movers” are assets that recorded the highest percentage change compared to their nearest peers. The currently most active technology stocks are listed below.
Wix | +15.18% to start today's session
After closing the previous trading day at $80.87, Wix is up to $93.15, which makes for a move of 15.18%/$12.28 today.
Wix is scheduled to announce earnings results today. The consensus EPS estimate is -0.81 and the consensus revenue estimate is $343.33 million.
Palo Alto Networks skyrockets to $183.3
After closing the previous trading day at $166.89, Palo Alto Networks is up to $183.3, which makes for a move of 9.83%/$16.41 today. The company's market cap currently stands at $55.42 billion with an average daily volume of 4.26 million shares. The Nasdaq has been doing worse in 2022, it has been passing it by 10.92%.
Lethargic start to the session sees Keysight drop as low as $151.31
More of the same today: Keysight Technologies Inc is down to $155, after ending yesterday at $182.98. Overall, a 15.29% loss or $27.98 today. Keysight Technologies has a market cap of $27.64 billion with an average daily trading volume of 973,693 shares. So far this year, it has been beating the S&P 500 by 2.71%.