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May 21, 2023
Sunrun is Friday's top mover after declining 6.64%
Leading equity indices in the US declined as Dow Jones shed 0.33% and closed at 33,427. Nasdaq slipped 0.24% and closed at 12,658.
“Top Movers” are assets that recorded the highest percentage change compared to their nearest peers. Friday's most active technology stocks are listed below.
Globant S.A. | Up 10.38% to $167.4 Friday
Globant S.A. has posted further gains as part of a 9 day trend that has already seen the stock gain $14.59. Friday's session pointed in the same direction — the software product developer rose as high as $171.51 before giving up its gains and dropping back to $167.4 before the close on Friday.
Sunrun | Currently down 6.64% at $14.63
The photovoltaic solar energy firm has recovered 7.11% since descending to a significant low of $14.63 around 2 days ago. So far this year, it has been under-performing the Nasdaq by 53.76%. Sunrun has a market cap of $3.15 billion with an average daily volume of 10.88 million shares. Sunrun last reported revenue of $589.85 million with an EPS of $-1.12.
Risk-off mood drags Affirm 6.33% lower
The San Francisco-based fintech developer plunged into the red after losing 6.33%, declining to $13.76. Affirm's market cap is currently $3.83 billion with an average daily trading volume of 15.81 million shares. So far this year, it has been outperforming the Nasdaq by 28.56%.
