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February 28, 2023
Sunrun is yesterday's top mover after gaining 6.29%
Markets were up yesterday; Nasdaq gained 0.63% and closed at 11,467. S&P 500 closed the day at 3,982.24, having gained 0.31%.
Today's price action is taking place amid mixed market indicators – data for United States Pending Home Sales published yesterday at 15:00 UTC came out at 8.1%, beating projections of 1% and showing improvement over the preceding figure of 1.1%.
Assets that recorded the greatest percentage change in relation to their peers are designated as "Top Movers" with 's most active technology stocks listed below.
Sunrun | Up 6.29% to $23.31 yesterday
Approximately 5 months ago, the photovoltaic solar energy firm reached a significant high of $38.65 but has struggled to hold onto its gains and declined 43.26% since then. So far this year, it has been under-performing the Nasdaq by 9.84%. The photovoltaic solar energy firm's market cap currently stands at $5.00 billion with an average daily trading volume of 7.76 million shares.
The company released its quarterly earnings Wednesday, beating analysts estimates. The company reported earnings of 0.29 per share on revenue of $609.15 million, topping estimates of 0.03 per share on revenue of $596.35 million. Since the release of its earnings report, Sunrun lost 2.47%.
Yesterday Enphase Energy increased by 5.94%, ended the session at $210.78
After closing Friday at $198.96, Enphase closed at $210.78 yesterday after climbing to $213.28 and dropping back down. Currently, the clean energy tech developer has a market capitalization of $28.77 billion with an average daily volume of 4.83 million shares. So far this year, it has been under-performing the S&P 500 by 21.29%.
Cyren | Closed 4.5 cents (-13.24%) lower at 29.5 cents
An influx of sellers pushed the state-of-the-art email security software developer to session lows around 27 cents while establishing a 27 cents to 36 cents session range yesterday.
