CommScope Holding Company, Inc., N-able, Inc., NVIDIA made yesterday's list of top gainers.
Markets had an interesting day yesterday; Nasdaq closed the day at 11,600, having gained 0.72%. S&P 500 gained 0.53% and closed at 4,012.32.
Uptick coincides with some positive signs published earlier as data from United States concerning Crude Oil Inventories was released yesterday at 16:00 UTC. Newly published figures emphasized continued decline from last month's figure of 16.28 million to 7.65 million this month.
Yesterday saw a steady up day for markets with several stocks continuing their streaks today. Take a look at the market's Top Gainers:
+14%: solid session for Nvidia generates 14% gain yesterday
NVIDIA ended Wednesday's session at $207.54. yesterday started with an increase to $238.87, but dropped back and closed at $236.64. Nvidia's market cap is currently $589.71 billion with an average daily volume of 54.20 million shares. So far this year, it has been outperforming the Nasdaq by 71.51%.
Nvidia released its quarterly earnings report Wednesday, beating analysts estimates. The company reported earnings of 0.65 per share on revenue of $6 billion, topping estimates of 0.48 per share on revenue of $6 billion. Since the release of its earnings report, Nvidia gained 14.57%.
+16.58%: CommScope Holding Company, Inc. posts solid session with 16.58% gain; upside capped at $8.7
The broadband enterprise business rose as high as $8.7 before giving up its gains and dropping back to $8.58 before the close on yesterday. CommScope Holding Company, Inc.'s market cap currently stands at $1.79 billion with an average daily trading volume of 2.59 million shares.
+15.11%: yesterday N-able increased by 15.11%, ended the session at $11.81
After closing yesterday at $11.81, the data protection solutions provider peaked at $11.89 before giving up early gains and closing at $11.81. N-able is currently trading with a market cap of $2.13 billion with an average daily trading volume of 285,996 shares.