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May 11, 2023
Against the current: Markets are down, yet AppLovin Corporation, Entegris, Inc., Unity Software Inc. go up and make this list of top gainers.
The leading indices are dropping — Dow Jones drawing back 1.05% to 33,180. S&P 500 slipping 0.52% and closing at 4,116.33.
This down-slide takes place while United States macroeconomics indicators data published earlier are pointing downward as well — highly important Producer Price Index data from United States beat analyst expectations of 0.3% with a reading of 0.2%.
Markets are falling this session, but some technology stocks are registering gains. Take a look at today's positive market movers.
+11.69%: Unity Software is up 11.69%, trades at $32.1
After closing the previous trading day at $28.74, Unity Software is up to $32.1, which makes for a move of 11.69%/$3.36 today. Currently, the video game maker has a market capitalization of $12.15 billion with an average daily trading volume of 5.76 million shares. So far this year, it has been under-performing the Nasdaq by 8.84%.
Applovin | +24.26% to start today's session
The mobile technology company reached $22.53, breaking a 7 months record. Later, it lost 40 cents and is now trading at $22.13. Having soared to a high of $43.75 approximately 11 months ago, the mobile tech developer is now trading 59.29% lower. So far this year, it has been outperforming the Nasdaq by 50.38%. Currently, the mobile technology company has a market capitalization of $8.22 billion with an average daily trading volume of 2.53 million shares.
Affirm | +5.96% to start today's session
After closing the previous trading day at $12.25, Affirm is up to $13, which makes for a move of 5.96%/75 cents today.
+19.24%: Entegris is up 19.24%, trades at $93.14
After closing the previous trading day at $78.11, Entegris is up to $93.14, which makes for a move of 19.24%/$15.03 today. The company has a market cap of $13.94 billion with an average daily volume of 1.54 million shares. The Nasdaq has been doing worse in 2022, it has been passing it by 6.2%.
