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March 07, 2023
Against the current: Markets are down, yet Guidewire Software, Inc., Black Knight, Inc., MICT, Inc. go up and make this list of top gainers.
The leading indices were losing ground — S&P 500 slipping 0.67% and closing at 4,021.36. Nasdaq trades at 11,600 after losing 0.69%.
Amid the market gloom, data for United States Factory Orders released yesterday at 15:00 UTC is better than expected with -1.6%, but worse than previous figure of 1.7%.
Markets are falling this session, but some technology stocks are registering gains. Take a look at today's positive market movers.
Wix | +2.22% to start today's session
After closing the previous trading day at $93.56, Wix is up to $95.64, which makes for a move of 2.22%/$2.08 today.
Black Knight | +4.03% to start today's session
After closing the previous trading day at $58.45, Black Knight is up to $60.8, which makes for a move of 4.03%/$2.35 today.
Guidewire Software | +4.56% to start today's session
The past 3 months have been positive for the property and casualty insurance carrier as it added 26.54% compared to its 3-month low of $52.65. The Nasdaq has been doing worse in 2022, it has been passing it by 2.66%. The company has a market cap of $6.12 billion with an average daily volume of 564,413 shares.
Guidewire Software reported earnings results yesterday, with EPS at -0.56 and revenues at $232.61 million; these results are mixed when compared to a consensus of -0.39 Earnings Per Share and $223.21 million revenue. Since the release of its earnings report, Guidewire Software gained 2.19%.
+2.9%: strong start to the session sees MICT peaking at 93.88 cents
After closing the previous trading day at 90 cents, Micronet Enertec Technologies is up to 92.61 cents, which makes for a move of 2.9%/2.61 cents today. The mobile computing device maker's market cap currently stands at $145.81 million with an average daily trading volume of 421,195 shares.
