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March 02, 2023
Salesforce gains 12.36%, putting it at the top of this list of technology stocks gainers.
Markets are mixed with Nasdaq trades at 11,300 after losing 0.64%. S&P 500 slipping 0.42% and closing at 3,934.67.
Current market events are being influenced by ambiguous macro data as data for United States Initial Jobless Claims published today at 13:30 UTC came out at 190,000, beating projections of 195,000 and showing improvement over the preceding figure of 192,000.
Salesforce | +12.36% to start today's session
The cloud CRM provider has managed to gain 24.17% so far this year despite trading at lows around $128.27 previously. The Dow Jones has been doing worse in 2022, it has been passing it by 25.62%. Salesforce is currently trading with a market cap of $188 billion with an average daily volume of 7.52 million shares.
Salesforce released its quarterly earnings report yesterday, beating analysts estimates. The company reported earnings of 1.01 per share on revenue of $8.38 billion, topping estimates of 0.73 per share on revenue of $8.00 billion. Since the release of its earnings report, Salesforce gained 14.93%.
+10.04%: strong start to the session sees Okta peaking at $81
After closing the previous trading day at $71.44, Okta is up to $78.61, which makes for a move of 10.04%/$7.17 today. With an average daily trading volume of 2.40 million shares. So far this year, it has been under-performing the Nasdaq by 6%.
Okta released its quarterly earnings report yesterday, beating analysts estimates. The company reported earnings of -0.7 per share on revenue of $510 million, topping estimates of -0.81 per share on revenue of $465.42 million. Since the release of its earnings report, Okta gained 10.27%.
CommScope Holding Company, Inc. | +4.08% to start today's session
After closing the previous trading day at $7.1, CommScope Holding Company, Inc. is up to $7.39, which makes for a move of 4.08%/29 cents today.
DoubleVerify | +7.07% to start today's session
The digital media software company has gained 19.42% since its lowest print of $18.28 earlier this year. The company is currently trading with a market cap of $4.59 billion with an average daily trading volume of 1 million shares.
