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May 04, 2023
Against the current: Markets are down, yet Anheuser-Busch, Spectrum Brands Holdings, Inc., TAL Education Group go up and make this list of top gainers.
The leading indices were losing ground — Dow Jones trades at 33,163 after losing 0.75%. S&P 500 drawing back 0.58% to 4,067.
This down-slide takes place while United States macroeconomics indicators data published earlier are pointing downward as well — highly important Initial Jobless Claims data from United States beat analyst expectations of 240,000 with a reading of 242,000.
Markets are falling this session, but some consumer_defensive stocks are registering gains. Take a look at today's positive market movers.
Anheuser-Busch | +2.94% to start today's session
After hitting an important low of $44.9 approximately 6 months ago, the Belgian brewing company has bounced back 41.85% since. So far this year, it has been doing worse than the S&P 500 by 1.54%. Anheuser-Busch's market cap is currently $130 billion with an average daily volume of 2.81 million shares.
TAL Education | +1.14% to start today's session
4 months ago the Chinese education provider reached a significant high of $10.08 but has consequently lost 47.92% since then. So far this year, it has been under-performing the Nasdaq by 44.13%. TAL Education's market cap currently stands at $3.45 billion with an average daily volume of 4.83 million shares. TAL Education is forecasted to generate revenues of $248 million and EPS of -6.353 cents.
After three days of going down, New Oriental Education & Technology is up 1.14% today
After closing the previous trading day at $41.21, New Oriental Education & Technology is up to $41.68, which makes for a move of 1.14%/47 cents today. Currently, the Chinese education business has a market capitalization of $7 billion with an average daily trading volume of 1.83 million shares. So far this year, it has been outperforming the Nasdaq by 5.31%.
+2.1%: Spectrum Brands moves up 2.1% to $67.5
After closing the previous trading day at $66.11, Spectrum Brands is up to $67.5, which makes for a move of 2.1%/$1.39 today. Spectrum Brands is currently trading with a market cap of $2.77 billion with an average daily trading volume of 603,762 shares.
