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June 09, 2023
Affirm is yesterday's top mover after gaining 16.36%
Markets closed higher yesterday; Nasdaq gained 1.02% and closed at 13,239. S&P 500 closed the day at 4,294, having gained 0.62%.
Today's price action is taking place amid mixed market indicators – data from United States concerning Initial Jobless Claims was released yesterday at 12:30 UTC. Newly published figures emphasized continued decline from last month's figure of 233,000 to 261,000 this month.
“Top Movers” are assets that recorded the highest percentage change compared to their nearest peers. yesterday's most active technology stocks are listed below.
Affirm ended yesterday at $18.85, a 16.36% increase
It was more of the same for Affirm yesterday — the San Francisco-based fintech developer went up to $18.85, gaining 16.36%. The fintech company's market cap currently stands at $5.57 billion with an average daily trading volume of 19.11 million shares. The Nasdaq has been doing worse in 2022, it has been passing it by 129.4%.
Smartsheet | -17.47% at $40.44
Having soared to a high of $51.66 approximately 3 days ago, the project management software company is now trading 5.15% lower. So far this year, it has been doing worse than the Nasdaq by 18.45%. The company's market cap currently stands at $5.37 billion with an average daily volume of 1.97 million shares.
Smartsheet reported earnings results Wednesday; with EPS at -0.53 and revenues at $219.89 million, these results are mixed compared to a consensus of 0.08 Earnings Per Share and $214 million revenue. Since the release of its earnings report, Smartsheet lost 21.72%.
Tuya | -9.62% at $1.88
Early in yesterday's session, Tuya dropped to $1.84 from $2.08 at the end of Wednesday, before closing at $1.88. During the session, it lost 9.62%.
