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February 22, 2023
Against the current: Markets are down, yet Wix.com Ltd., Palo Alto Networks, Inc., N-able, Inc. go up and make this list of top gainers.
The leading indices were losing ground — S&P 500 trades at 3,987 after losing 0.26%. Nasdaq slipping 0.23% and closing at 11,466.
Meanwhile, United States Existing Home Sales (Jan) came out at 4 million, while a consensus of analysts was expecting 4 million.
Though markets had an unsatisfactory day yesterday, some technology stocks manage to recover as Top Gainers. Take a look:
Palo Alto Networks | +10.06% to start today's session
The cybersecurity company has shed 67.15% over the past six months. So far this year, it has performed better than the Nasdaq by 10.92%. Palo Alto Networks's market cap currently stands at $55.54 billion with an average daily volume of 4.26 million shares.
Wix | +15.16% to start today's session
After closing the previous trading day at $80.87, Wix is up to $93.13, which makes for a move of 15.16%/$12.26 today.
Wix is scheduled to announce earnings results today. The consensus Earnings Per Share estimate is -0.81 and the consensus revenue estimate is $343.33 million.
Tuya | +3.11% to start today's session
After closing the previous trading day at $2.25, Tuya is up to $2.32, which makes for a move of 3.11%/7 cents today.
Tuya is scheduled to announce earnings results Wednesday. The consensus EPS estimate is -0.07 and the consensus revenue estimate is $43.19 million.
N-able gains 4.44% ahead of the quarterly earnings report set for tomorrow
After closing the previous trading day at $9.92, N-able is up to $10.36, which makes for a move of 4.44%/44 cents today. The data protection solutions provider's market cap currently stands at $1.87 billion with an average daily trading volume of 280,438 shares.
N-able is scheduled to announce earnings results tomorrow. The consensus Earnings Per Share estimate is 0.04 and the consensus revenue estimate is $93.59 million.
