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April 29, 2023
CommScope Holding Company, Inc., Ceragon Networks Ltd., Paysafe Limited made yesterday's list of top gainers.
Leading equity indices in the US rose as Dow Jones closed the day at 34,100, having gained 0.8%. S&P 500 gained 0.83% and closed at 4,169.48.
More data out yesterday as United States Core PCE Price Index (MoM) (Mar) released yesterday at 12:30 UTC with a figure of 0.3, while the previous figure was 0.3.
Here are the biggest technology stocks gainers from yesterday.
+5.13%: Western Digital gains 5.13%; sets session high of $34.55
The manufacturer and provider of data storage devices topped out at $34.55 having ended yesterday at $34.44. However, despite early momentum, the stock gave up its gains to now trade at $34.44. Currently, the data storage devices manufacturer has a market capitalization of $11.00 billion with an average daily volume of 4 million shares. So far this year, it has been doing worse than the Nasdaq by 4.96%.
+6.13%: Paysafe gains 6.13% within $13.33 to $14.63 daily range
After ending Thursday at $13.53, Paysafe went up to $14.63 only to drop back, yet still traded well overall and closed at $14.36 yesterday. The payment solutions company's market cap currently stands at $879.79 million with an average daily trading volume of 271,847 shares. So far this year, it has been under-performing the Nasdaq by 15.59%.
+7.41%: CommScope Holding Company, Inc. gains 7.41% within $4.56 to $5.04 daily range
CommScope Holding Company, Inc. rallied 7.41% and ended the session at $4.93. The US network infrastructure provider's market cap currently stands at $1 billion with an average daily volume of 3.41 million shares.
CommScope Holding Company, Inc. is trading in a $4.56 – $5.04 range prior to its earnings announcement.
+7.14%: Ceragon gained 7.14% during yesterday's session, continues to go up in after hours trading (+1.54% to $1.98)
After closing at $1.82 on Thursday, Ceragon maintained a strong bullish bias that helped the stock close higher at $1.95 yesterday. However, market bears ensured the the networking equipment vendor topped out at $1.96 and that by the end of the session, the market had marked out a distinct $1.82 to $1.96 range. The broadband services enabler's market cap currently stands at $164.32 million with an average daily trading volume of 169,021 shares.
Ceragon trades at $1.95 ahead of quarterly performance report which is scheduled to be released Monday.
