Sunrun is yesterday's top mover after declining 15.66%
Leading equity indices in the US declined as Dow Jones closed at 33,128, a 0.86% change. S&P 500 lost 0.72% and ended the session at 4,061.22.
Today's price action is taking place amid mixed market indicators – highly important Average Hourly Earnings data from United States beat analyst expectations of 0.3% with a reading of 0.5%.
“Top Movers” are assets that recorded the highest percentage change compared to their nearest peers. yesterday's most active technology stocks are listed below.
Shopify | Up 23.84% to $57.3 yesterday
The e-commerce spearhead traded at $57.3 yesterday, after making its biggest single-day jump of $11.03 (23.84%) since November 2022. The e-commerce spearhead has fallen back around 19.25% over the past a day, from a notable high of $57.3. The S&P 500 has been doing worse in 2022, it has been passing it by 81.91%. Shopify is currently trading with a market cap of $73.96 billion with an average daily volume of 16 million shares.
Yesterday Confluent increased by 16.23%, ended the session at $23.2
Confluent ended Wednesday's session at $19.96. yesterday started with an increase to $23.28, but dropped back and closed at $23.2. The data infrastructure provider's market cap currently stands at $6.85 billion with an average daily trading volume of 3.43 million shares. So far this year, it has been under-performing the Nasdaq by 2.79%.
Confluent reported earnings results Wednesday, with EPS at -0.36 and revenues at $174.30 million; these results are mixed when compared to a consensus of -0.14 Earnings Per Share and $167.32 million revenue. Since the release of its earnings report, Confluent gained 13.17%.
Sunrun | Closed down 15.66% at $16.91 yesterday
Sunrun traded at $16.91 after making its biggest single-day drop of $3.14 (15.66%) since Mar 10. The US residential solar power company has recovered 18.57% since descending to a significant low of $16.91 around a day ago. So far this year, it has been doing worse than the Nasdaq by 37.56%. Sunrun's market cap currently stands at $3.63 billion with an average daily volume of 9.32 million shares.
The company reported mixed earnings results Wednesday, with EPS at -1.12 and revenues at $589.85 million. Since the release of its earnings report, Sunrun lost 12.97%.