TuSimple Holdings Inc., Virgin Galactic Holdings, Inc., Trex Company, Inc. made Friday's list of top gainers.
Leading equity indices in the US rose as S&P 500 gained 1.61% and closed at 4,045.64. Nasdaq ended the session at 11,700 after a 1.97% gain.
Have a look at Friday's biggest gainers:
Virgin Galactic | Up 7% to $5.5 Friday
The space tourism spearhead has gained 64.22% since its lowest print of $3.29 earlier this year. So far this year, it has been beating the Nasdaq by 52.86%. The spaceflight pioneer's market cap currently stands at $1.51 billion with an average daily trading volume of 11 million shares.
Virgin Galactic reported earnings results Tuesday, with EPS at -0.55 and revenues at $869,000; these results are mixed when compared to a consensus of -0.54 Earnings Per Share and $130,000 revenue. Since the release of its earnings report, Virgin Galactic gained 0%.
+3.85%: solid session for Trex Company generates 3.85% gain Friday
After finishing Thursday at $50.9, the world's largest wood-alternative decking manufacturer went up by 3.85% Friday and remained at the $52.86 level. Trex Company's market cap currently stands at $5.80 billion with an average daily volume of 1.25 million shares. The Nasdaq has been doing worse in 2022, it has been passing it by 10.59%.
+12.15%: TuSimple Holdings posts solid session with 12.15% gain; upside capped at $2.07
After closing Thursday at $1.81, TuSimple Holdings closed at $2.03 Friday after climbing to $2.07 and dropping back down. Currently, the self-driving technology developer has a market capitalization of $458.19 million so far this year, it has been outperforming the Nasdaq by 24.73%.
TuSimple Holdings is scheduled to announce earnings results Wednesday. The consensus Earnings Per Share estimate is -0.58 and the consensus revenue estimate is $2.44 million.