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May 04, 2023
Wix is yesterday's top mover after declining 10.83%
Leading equity indices in the US declined as Dow Jones lost 0.8% and ended the session at 33,400. S&P 500 was down 0.7% before closing the session at 4,090.75.
Today's price action is taking place amid mixed market indicators – United States Interest Rate released yesterday at 18:00 UTC with a figure of 5.25, while the previous figure was five.
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.
Sapiens International Corporation is up to $23.46 (+4.78%) in pre-market trading after closing yesterday's session at $22.39
The insurance industry computer software developer topped out at $22.95 having ended yesterday at $22.39. However, despite early momentum, the stock gave up its gains to now trade at $22.39. Currently, the computer software company has a market capitalization of $1.23 billion with an average daily volume of 89,764 shares.
Wix | Closed down 10.83% at $75.36 yesterday
The Israeli software company reached a significant high of $99.81 around 30 days ago but has lost 15.33% since then. So far this year, it has been doing worse than the Nasdaq by 13.74%. The Israeli web development company's market cap currently stands at $4.43 billion with an average daily trading volume of 641,008 shares. Wix last reported revenue of $355 million with an EPS of -42 cents.
Yesterday's slide leaves Radware traders hoping for a bounce
More of the same from yesterday's session: after ending Tuesday at $19.49, Radware dropped to $17.52 early in yesterday's session and closed at $17.63. In total, it lost 9.54%. The US cybersecurity provider's market cap currently stands at $790.54 million with an average daily trading volume of 138,264 shares.
