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March 10, 2023
Against the current: Markets are down, yet Intel, Tuya Inc., Kaltura, Inc. go up and make this list of top gainers.
The leading indices are currently lower — S&P 500 slipping 1.44% and closing at 3,862. Dow Jones trades at 31,900 after losing 1.14%.
On the other hand, positive data was released earlier when highly important Non Farm Payrolls data from United States beat analyst expectations of 205,000 with a reading of 311,000.
Markets are falling this session, but some technology stocks are registering gains. Take a look at today's positive market movers.
Intel | +2.09% in mid-session
Intel hit a significant low of $24.9 around 11 days ago, but has since recovered 6.18%. So far this year, it has been under-performing the Nasdaq by 9.47%. The company's market cap currently stands at $111.67 billion with an average daily volume of 42.98 million shares. Intel expected revenue of $14.45 billion with an EPS of 20 cents.
Muted session so far for Palo Alto Networks as it oscillates around $185.05
Although Palo Alto Networks increased from $184.42 to $186.28, the stock dropped back and is now priced at $185.05. The company has a market cap of $56.00 billion with an average daily volume of 5.37 million shares. So far this year, it has been beating the Nasdaq by 24.81%.
Tuya | +0.89% in mid-session
Currently trading at $1.71, Tuya remains range-bound between $1.64 and $1.75.
+0.54%: Kaltura up 0.54%, trading around $1.86
After ending yesterday at $1.85, the NY-based software company recovers back to $1.86 after dipping down to $1.8 earlier today. Currently, the cloud-based comms enabler has a market capitalization of $250.78 million with an average daily volume of 118,138 shares.
