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March 03, 2023
Okta Inc, Salesforce, CommScope Holding Company, Inc. made yesterday's list of top gainers.
Leading equity indices in the US rose as Dow Jones closed the day at 33,000, having gained 1.05%. S&P 500 ended the session at 3,981.35 after a 0.76% gain.
Uptick coincides with some positive signs published earlier as highly important Initial Jobless Claims data from United States beat analyst expectations of 195,000 with a reading of 190,000.
Here are the biggest technology stocks gainers from yesterday.
+11.5%: yesterday Salesforce increased by 11.5%, ended the session at $186.59
After closing Wednesday at $167.35, Salesforce closed at $186.59 yesterday after climbing to $193.91 and dropping back down. The company's market cap currently stands at $186.59 billion with an average daily volume of 9.14 million shares. So far this year, it has performed better than the Dow by 45.25%.
Salesforce released its quarterly earnings report Wednesday, beating analysts estimates. The company reported earnings of 1.01 per share on revenue of $8.38 billion, topping estimates of 0.73 per share on revenue of $8.00 billion. Since the release of its earnings report, Salesforce gained 14.05%.
Okta | Closed +13.26% at $80.91
The user authentication management company traded at $80.91 yesterday, after making its biggest single-day jump of $9.47 (13.26%) since Feb 2. Having soared to a high of $182.7 approximately 1 year, 1 day ago, the identity and access management company is now trading 60.9% lower. The Nasdaq has been doing worse in 2022, it has been passing it by 9.45%. Currently, the identity and access management company has a market capitalization of $12.96 billion with an average daily trading volume of 2.89 million shares.
Okta released its quarterly earnings report Wednesday, beating analysts estimates. The company reported earnings of -0.7 per share on revenue of $510 million, topping estimates of -0.81 per share on revenue of $465.42 million. Since the release of its earnings report, Okta gained 13.49%.
+8.31%: CommScope Holding Company, Inc. gains 8.31% within $7.11 to $7.78 daily range
The broadband enterprise business went up to $7.69, gaining 8.31%. CommScope Holding Company, Inc. has a market cap of $1.60 billion with an average daily volume of 2.88 million shares.
Nano Dimension | Up 5.07% to $3.11 yesterday
After having closed Wednesday at $2.96, the 3D printing pioneer rallied above $3.11 yesterday, for the first time in 6 months — gaining 15 cents — and closed at $3.11. The stock has been trending positively for about 2 months. Nano Dimension is currently trading with a market cap of $800.55 million with an average daily trading volume of 2.55 million shares.
