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June 12, 2023
Vimeo, Inc., Confluent, Inc. Class A Common Stock, Tuya Inc. made Friday's list of top gainers.
Markets had an interesting day Friday; Dow Jones gained 0.13% and closed at 33,877. Nasdaq ended the session at 13,259 after a 0.16% gain.
Check out the Top Gainers in technology stocks from Friday's session…
Shopify | Up 3.51% to $61.36 Friday
The past 3 months have been positive for the e-commerce spearhead as it added 50.53% compared to its 3-month low of $25.67. So far this year, it has been beating the S&P 500 by 65.37%. The Canadian multinational e-commerce company's market cap currently stands at $84.27 billion with an average daily trading volume of 14.71 million shares. Shopify has a forecast of $1.43 billion with an EPS of -16 cents.
Confluent | Up 4.63% to $36.38 Friday
The data infrastructure provider reached a significant high of $36.93 around 6 days ago but has lost 5.85% since then. The Nasdaq has been doing worse in 2022, it has been passing it by 54.57%. The company is currently trading with a market cap of $11.44 billion with an average daily volume of 4.64 million shares. Confluent last reported revenue of $174.30 million with an EPS of -36 cents.
+4.26%: Tuya levels up 4.26% in Friday's session; traders eye opening bell in 9 hours time
Pronounced bullish sentiment in the market helped the AI and IoT platform to make a notable 4.26% gain Friday, rising 8 cents and ultimately closing at $1.96. The company's market cap currently stands at $1.13 billion with an average daily trading volume of 321,606 shares. So far this year, it has been under-performing the Nasdaq by 24.29%.
+8.82%: Vimeo posts solid session with 8.82% gain; upside capped at $4.52
Ending Thursday at $4.08, the US video sharing service rallied 8.82% Friday and stayed at the $4.44 level. The company is currently trading with a market cap of $768.56 million with an average daily trading volume of 1.85 million shares. The Nasdaq has been doing worse in 2022, it has been passing it by 8.44%.
