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May 18, 2023
C3.ai, Inc., New Relic, Inc., Sabre Corporation made yesterday's list of top gainers.
Markets were up yesterday; Dow Jones ended the session at 33,421 after a 1.24% gain. S&P 500 closed the day at 4,158.77, having gained 1.19%.
Uptick coincides with some positive signs published earlier as United States Crude Oil Inventories beat the -920,000 projections, with 5 million.
Have a look at yesterday's biggest gainers:
+10%: solid session for Confluent generates 10% gain yesterday
The data infrastructure provider went up to $26.79, gaining 10%. The company is currently trading with a market cap of $7.83 billion with an average daily volume of 4.18 million shares. So far this year, it has performed better than the Nasdaq by 11.78%.
Sabre | Closed +10.19% at $3.57
The largest US distribution systems provider is now trading 35.07% below its 3-month high of $8.15. Sabre's market cap currently stands at $1.19 billion with an average daily volume of 7.15 million shares. Sabre last reported revenue of $742.70 million with an EPS of -24 cents.
+10.81%: New Relic closes at $83.84 after gaining 10.81%
New Relic spiked to $86 yesterday and consolidated before initiating a fresh rally to $83.84. This comes following Tuesday's session in which it closed at $75.66. The company has a market cap of $5.78 billion with an average daily volume of 557,009 shares.
New Relic is scheduled to announce earnings results Tuesday. The consensus EPS estimate is 0.22 and the consensus revenue estimate is $241 million.
C3.ai | Up 14.39% to $26.95 yesterday
Having set a significant high of $33.87 a month ago, the enterprise-scale AI application developer is trading 30.44% lower. The company's market cap currently stands at $3 billion with an average daily trading volume of 14 million shares.
