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March 10, 2023
Markets are mostly pointing down as we head into the end of today's session, but Playstudios gains 14.41% to top this list of the 3 biggest gainers at the moment.
The leading indices are falling — S&P 500 drawing back 1.57% to 3,857. Dow Jones trades at 31,870 after losing 1.19%.
On the other hand, positive data was released earlier when highly important Non Farm Payrolls data from United States beat analyst expectations of 205,000 with a reading of 311,000.
Markets are falling this session, but some stocks are registering gains. Take a look at today's positive market movers.
+5.88%: Bilibili trades up $1.09, approximately 5.88% higher going into close in 2 minutes time
From an earlier low of $18.76, the Chinese video community enabler is on track to end the session around $19.71 after gaining $1.09 compared to last trading session's $18.62 (5.88%). The company is currently trading with a market cap of $7.55 billion with an average daily volume of 7.71 million shares. So far this year, it has been doing worse than the Nasdaq by 39.43%.
+10.38%: IAA trades up $3.91, approximately 10.38% higher going into close in 2 minutes time
The used car dealer company ended the previous day's session at $37.61. Today, it spiked to $42, putting it on track to close the session at around $41.52. This is a $3.91 (10.38%) gain overall. Currently, the automobile auction specialist has a market capitalization of $5.56 billion with an average daily trading volume of 3 million shares.
Playstudios | +14.41%; session high: $4.34 session low: $3.91
After ending the previous day at $3.47, today the free-to-play casual game developer made its largest single-day jump of 50 cents (14.41%) since October 2022, and is now trading around $3.97. The mobile and social gaming developer has fallen back around 46.45% from the significant high of $6.48 set 9 months ago. The free-to-play casual game developer's market cap currently stands at $515.64 million with an average daily trading volume of 167,999 shares.
Playstudios released its quarterly earnings report yesterday, beating analysts estimates. The company reported earnings of -0.02 per share on revenue of $79.38 million, topping estimates of -0.03 per share on revenue of $70 million. Since the release of its earnings report, Playstudios gained 9.97%.
