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June 11, 2023
Vimeo, Inc., Confluent, Inc. Class A Common Stock, Tuya Inc. made Friday's list of top gainers.
Markets closed higher Friday, as Dow Jones closed the day at 33,877, having gained 0.13%. Nasdaq gained 0.16% and closed at 13,259.
Have a look at Friday's biggest gainers:
Shopify | Up 3.51% to $61.36 Friday
The past 3 months have been positive for the e-commerce spearhead as it added 50.53% compared to its 3-month low of $25.67. So far this year, it has been outperforming the S&P by 65.37%. Currently, the Canadian multinational e-commerce company has a market capitalization of $84.27 billion with an average daily trading volume of 14.71 million shares. Shopify is forecasted to generate revenues of $1.43 billion and EPS of -16 cents.
+4.63%: Confluent gains 4.63% within $35.33 to $37.08 daily range
Pronounced bullish sentiment in the market helped the data infrastructure provider to make a notable 4.63% gain Friday, rising $1.61 and ultimately closing at $36.38. Confluent is currently trading with a market cap of $11.44 billion with an average daily volume of 4.64 million shares. So far this year, it has been beating the Nasdaq by 54.57%.
Tuya | Closed +4.26% at $1.96
The stock has been trending positively for about 3 months. So far this year, it has been doing worse than the Nasdaq by 24.29%. Tuya's market cap is currently $1.13 billion with an average daily volume of 321,606 shares.
+8.82%: Vimeo closes at $4.44 after gaining 8.82%
Ending Thursday at $4.08, the US video hosting and sharing platform rallied 8.82% Friday and stayed at the $4.44 level. The company is currently trading with a market cap of $768.56 million with an average daily volume of 1.85 million shares. So far this year, it has performed better than the Nasdaq by 8.44%.
