Most markets are higher this morning as risk-on sentiment dominates: C3.ai, Inc., Concentrix Corporation, Jamf Holding Corp. are showing impressive gains as we move into the afternoon trading session.
Markets are up including news that Nasdaq up 0.36%, trading at 13,278. S&P 500 up to 4,282, gaining 0.2%.
Meanwhile, United States ISM Non-Manufacturing PMI (May) came out at 50.3, while a consensus of analysts was expecting 51.8.
Here are the biggest technology stocks gainers so far today.
+5.8%: after closing the last session at $49.29, Smartsheet rallies to $52.15 (up $2.86)
The project management software company rallies 5.8% and stays at the $52.15 level. Smartsheet's market cap currently stands at $6.93 billion with an average daily trading volume of 1.21 million shares. So far this year, it has been outperforming the Nasdaq by 5.32%.
+6.11%: Concentrix up 6.11%, trading around $92.54
The IT service management company spikes to $92.54, gaining 6.11%. Concentrix's market cap is currently $4.82 billion with an average daily volume of 393,579 shares. So far this year, it has been under-performing the Nasdaq by 55.89%.
Jamf | +6.1% in mid-session
The mobile management system developer spikes to $19.3, gaining 6.1%.
C3.ai | +6.68% in mid-session
The enterprise-scale AI application developer trades at $37.68 today, after closing yesterday at $35.32 and gaining $2.36 (6.68%).