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June 13, 2023
Sabre Corporation, Shoals Technologies Group, Inc., Lightspeed POS Inc. made yesterday's list of top gainers.
Leading equity indices in the US rose as Nasdaq closed the day at 13,462, having gained 1.53%. S&P 500 ended the session at 4,339 after a 0.93% gain.
More data out yesterday as United States Federal Budget Balance (May) released yesterday at 18:00 UTC with a figure of -240 billion, while the previous figure was 176 billion.
Yesterday was an exciting day for markets with several technology stocks capitalising on the risk-on mood. Have a look at these Top Gainers:
+6.31%: Broadcom levels up 6.31% in yesterday's session; traders eye opening bell in 10 hours time
Bullish sentiment helped the semiconductors company to hammer out a noteworthy $811.89 to $858 range yesterday, and finally closing at $855.36 to end the session. Currently, the semiconductors design company has a market capitalization of $352.99 billion with an average daily volume of 4 million shares. So far this year, it has been beating the Nasdaq by 36.86%.
Lightspeed POS | Closed +7.45% at $16.16
The e-commerce company is now trading 19.65% above the significant low ($12.57) it slumped to a month ago. So far this year, it has been doing worse than the Nasdaq by 8.21%. The e-commerce company's market cap currently stands at $2.45 billion with an average daily volume of 1.52 million shares. Lightspeed POS expected revenue of $184.91 million with an EPS of -3 cents.
+8.11%: Sabre is up to $3.69 (+2.5%) in after hours trading after closing yesterday's session at $3.6
An influx of buyers helped the Texan travel technology company to end the session higher around $3.6, while establishing a $3.38 to $3.85 session range yesterday. Currently, the largest US distribution systems provider has a market capitalization of $1.20 billion with an average daily trading volume of 9.16 million shares.
+7.46%: bullish mood lifts Shoals Technologies to session high of $26.3
Shoals Technologies ended Friday's session at $24. yesterday started with an increase to $26.3, but dropped back and closed at $25.8. The electrical balance of system provider's market cap currently stands at $4.38 billion with an average daily volume of 2.34 million shares.
