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March 16, 2023Most markets are higher this morning as risk-on sentiment dominates: UiPath Inc., Western Alliance Bancorporation, First Republic Bank are showing impressive gains as we move into the afternoon trading session.
The leading indices are pointing up — Nasdaq up to 11,670, gaining 2.07%. S&P 500 up 1.43%, trading at 3,947.64.
Here are the biggest stocks gainers so far today.
First Republic Bank | +12.77% in mid-session
This year has been a gloomy one for the regional full-service bank after trading as high as $170.53 and going on to lose 74.35% of its value. So far this year, it has been under-performing the S&P by 75.16%. First Republic Bank's market cap is currently $6.54 billion with an average daily volume of 10.72 million shares. First Republic Bank expected revenue of $1.44 billion with an EPS of $1.82.
+15.24%: UiPath rallies to $16.87 up 15.24%
After closing the previous trading day at $14.64, UiPath is up to $16.87, which makes for a move of 15.24%/$2.23 today. UiPath has a market cap of $9.33 billion with an average daily trading volume of 4.63 million shares. So far this year, it has been outperforming the Nasdaq by 8.9%.
+14.11%: after ending the last session at $32.35, Western Alliance Bancorporation shoots up to $36.91 (up 14.11%)
After closing the previous trading day at $32.35, Western Alliance Bancorporation is up to $36.91, which makes for a move of 14.11%/$4.56 today. Western Alliance Bancorporation's market cap currently stands at $4 billion with an average daily trading volume of 4.82 million shares. So far this year, it has been doing worse than the Nasdaq by 57.05%.
