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May 27, 2023Bright Health Group Inc., Marvell Technology Group Ltd, Pinduoduo made yesterday's list of top gainers.
Markets were up yesterday; Nasdaq ended the session at 12,976 after a 2.19% gain. S&P 500 closed the day at 4,205.45, having gained 1.3%.
Yesterday's rise took place amid mixed market indicators — following a previous reading of 0.3%, Core Durable Goods Orders in United States released yesterday at 12:30 UTC fell short of the 0% figure expected by analysts with an actual reading of -0.2%.
Check out the Top Gainers in stocks from yesterday's session…
+19%: Pinduoduo closes at $71.42 after gaining 19%
Pinduoduo ended Thursday's session at $60.02. yesterday started with an increase to $71.5, but dropped back and closed at $71.42. Pinduoduo has a market cap of $94.89 billion with an average daily trading volume of 7.77 million shares.
Marvell Technology Group | -32.42% yesterday including 2.79% gain in aftermarket trade
After ending Thursday's session at $49.47, Marvell went up to $65.75 yesterday only to fall back and close at $65.51.
Marvell Technology Group released its quarterly earnings report Thursday, beating analysts estimates. The company reported earnings of 0.37 per share on revenue of $1.32 billion, topping estimates of 0.29 per share on revenue of $1.30 billion. Since the release of its earnings report, Marvell Technology Group gained 42.47%.
Bright Health | Closed +45.85% at $11.77
The US health insurance company went up to $11.77, gaining 45.85%.
