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June 11, 2023
Vimeo is Friday's top mover after gaining 8.82%
Leading equity indices in the US rose as Dow Jones closed the day at 33,877, having gained 0.13%. Nasdaq gained 0.16% and closed at 13,259.
“Top Movers” are assets that recorded the highest percentage change compared to their nearest peers. Friday's most active technology stocks are listed below.
Vimeo | Closed +8.82% at $4.44
Over the past 9 months, the US video hosting and sharing platform has retreated 44.94% from a noteworthy peak of $7.41. The Nasdaq has been doing worse in 2022, it has been passing it by 8.44%. Vimeo is currently trading with a market cap of $768.56 million with an average daily trading volume of 1.85 million shares. Vimeo expected revenue of $102 million with an EPS of -14 cents.
Affirm | Closed $1.46 (-7.75%) lower at $17.39
Affirm traded at $17.39 after making its biggest single-day drop of $1.46 (7.75%) since Mar 7. The stock has been trending positively for about a month. So far this year, it has been beating the Nasdaq by 56.63%. The company is currently trading with a market cap of $5.14 billion with an average daily volume of 18.77 million shares. Affirm is forecasted to generate revenues of $389.67 million and EPS of -51.584 cents.
Bearish UiPath declines $1.1 (6%)
Friday's session continued the recent downtrend: the automation software developer plunged into the red after losing 6%, declining to $17.17. UiPath has a market cap of $10.26 billion with an average daily volume of 14.97 million shares. So far this year, it has been outperforming the Nasdaq by 14.75%.
