The markets are set to close higher to end today's trading session; Otonomo rose 12.1% and leads the pack of top technology stocks
The leading indices are climbing up — S&P 500 up to 4,453.34, gaining 1.29%. Nasdaq up to 13,800, gaining 1.53%.
Meanwhile, United States Core PCE Price Index (YoY) (May) released today at 12:30 UTC with a figure of 4.6, while the previous figure was 4.7.
Here are the biggest technology stocks gainers so far today.
+5.81%: Enphase adds 5.81%; sets session high of $168.77
From an earlier low of $159.7, the energy technology company is on track to end the session around $168 after gaining $9.23 compared to last trading session's $158.77 (5.81%). Currently, the energy technology company has a market capitalization of $23 billion with an average daily volume of 3.34 million shares. So far this year, it has been doing worse than the S&P 500 by 50.34%.
+8.33%: Ceragon adds 8.33%; sets session high of $2.15
Ceragon rallies 16 cents (8.33%) and maintains the $2.08 level as it reaches the end of session. Ceragon is currently trading with a market cap of $175.46 million with an average daily trading volume of 317,077 shares.
Nano Dimension | +6%; session high: $2.95 session low: $2.75
Nano Dimension hit a significant low of $2.07 around 6 months ago, but has since recovered 33.33%. The company's market cap currently stands at $755 million with an average daily volume of 2.63 million shares.
Otonomo gains 12.1% ahead of the quarterly earnings report set for today
The Israeli car data marketplace gains 4.48 cents (12.1%) and hovers around the 41.5 cents level as it reaches the end of the trading session. Otonomo's market cap is currently $60 million with an average daily volume of 145,561 shares.
The company trades at 41.5 cents ahead of quarterly performance report which is scheduled to be released today.