Markets are mostly pointing down as we head into the end of today's session, but Lemonade gains 29.49% to top this list of the 4 biggest gainers at the moment.
The leading indices are currently lower — Dow Jones slipping 0.73% and closing at 33,171. S&P 500 drawing back 0.5% to 4,070.26.
This downslide might be related to financial indicators data published earlier as following a previous reading of 229,000, Initial Jobless Claims in United States released today at 12:30 UTC fell short of the 240,000 figure expected by analysts with an actual reading of 242,000.
Though markets had an unsatisfactory day yesterday, some stocks manage to recover as Top Gainers. Take a look:
+26.15%: Shopify trades up $12.1, approximately 26.15% higher going into close in 22 minutes time
After ending yesterday at $46.27, the e-commerce spearhead went up to $59.82 only to drop back some of the way. It is now trading around $58.37 as it reaches the end of the trading session. Shopify's market cap is currently $75.34 billion with an average daily trading volume of 12.35 million shares. The S&P has been doing worse in 2022, it has been passing it by 21.28%.
Wayfair | +15.82%; session high: $37.8 session low: $34.49
After ending yesterday at $31.29, the e-commerce furniture and home goods seller went up to $37.8 only to drop back some of the way. It is now trading around $36.24 as it reaches the end of the trading session.
Confluent | +15.63%; session high: $23.24 session low: $21.1
After ending yesterday at $19.96, the US software company went up to $23.24 only to drop back some of the way. It is now trading around $23.08 as it reaches the end of the trading session.
Confluent reported earnings results yesterday, with EPS at -0.41 and revenues at $174.30 million; these results are mixed when compared to a consensus of -0.14 Earnings Per Share and $167.32 million revenue. Since the release of its earnings report, Confluent gained 12.59%.
Lemonade | +29.49%; session high: $14.5 session low: $12.76
After ending yesterday at $11.09, the multifaceted insurance provider went up to $14.5 only to drop back some of the way. It is now trading around $14.36 as it reaches the end of the trading session.
Lemonade is scheduled to announce earnings results today. The consensus Earnings Per Share estimate is -1.13 and the consensus revenue estimate is $88.17 million.