C3.ai is Friday's top mover after gaining 33.65%

Markets closed higher Friday; S&P 500 ended the session at 4,045.64 after a 1.61% gain. Nasdaq gained 1.97% and closed at 11,700.

“Top Movers” are assets that recorded the highest percentage change compared to their nearest peers. Friday's most active stocks are listed below.

C3.ai | Closed +33.65% at $28.48

Having soared to a high of $28.48 approximately 2 days ago, the enterprise-scale AI application developer is now trading 25.18% lower. C3.ai has a market cap of $3.14 billion with an average daily trading volume of 32.99 million shares.

C3.ai released its quarterly earnings report Thursday, beating analysts estimates. The company reported earnings of -0.57 per share on revenue of $66.67 million, topping estimates of -0.69 per share on revenue of $64.24 million. Since the release of its earnings report, C3.ai gained 37.39%.

TuSimple Holdings | Up 12.15% to $2.03 Friday

Over the past 11 months, the self-driving technology developer has retreated 86.63% from a noteworthy peak of $13.54. The Nasdaq has been doing worse in 2022, it has been passing it by 24.73%. TuSimple Holdings's market cap currently stands at $458.19 million with an average daily trading volume of 2.41 million shares.

TuSimple Holdings is scheduled to announce earnings results Wednesday. The consensus EPS estimate is -0.58 and the consensus revenue estimate is $2.44 million.

Is the bullish run coming to an end? Bright Mountain Media closed at 20 cents (-20%)

Friday's session suggests run might be coming to an end — during Friday's session, Bright Mountain Media toiled and struggled for upward momentum before closing at 20 cents. By the close, the the digital advertising specialist suffered a 5 cents or 20% loss. Currently, the digital media company has a market capitalization of $29.83 million with an average daily volume of 10,843 shares.

Zscaler | Closed $14.89 (-11.1%) lower at $119.24

After ending Thursday at $134.13, Zscaler dropped to $116.64 early in Friday's session and closed at $119.24. In total, it lost 11.1%.

Zscaler was down, even though its quarterly earnings released on Thursday beat the analysts’ estimates. The reported earnings of -0.35 per share on revenue of $387.60 million, topping estimates of -0.43 per share on revenue of $344 million.