Analog is today's top mover after declining 7.71%
The leading indices are falling — Dow Jones drawing back 0.75% to 32,800. S&P 500 slipping 0.72% and closing at 4,115.78.
Today's price action is taking place amid mixed market indicators – highly important Crude Oil Inventories data from United States beat analyst expectations of -920,000 with a reading of -12.46 million.
Assets that recorded the greatest percentage change in relation to their peers are designated as "Top Movers" with the most active technology stocks listed below.
Palo Alto Networks | +7.75%; session high: $207.38 session low: $196
Palo Alto Networks, Inc. has posted further gains as part of a 3 day trend that has already seen the stock gain $1.08. Heading in the same direction for now — after ending yesterday at $189.74, the cybersecurity company went up to $207.38 only to drop back some of the way. It is now trading around $204.44 as it reaches the end of the trading session.
Palo Alto Networks reported earnings results yesterday, with EPS at -0.2 and revenues at $1.72 billion; these results are mixed when compared to a consensus of 0.93 Earnings Per Share and $1.71 billion revenue. Since the release of its earnings report, Palo Alto Networks gained 6.42%.
Analog sheds 7.71%; sets session low of $169.74
More of the same today: the semiconductor and data conversion company ended yesterday at $187.92 and dropped 7.71% today as it reaches the end of the current session. The semiconductor and data conversion company's market cap currently stands at $87.73 billion with an average daily volume of 2.89 million shares. So far this year, it has been doing worse than the Nasdaq by 1.62%.
Intuit | Currently down 7.51% at $416.03
The business and financial management solutions provider down by $33.77 (7.51%). This is the largest single day drop since November 2022. The small businesses and accounting professionals solutions provider now trading 9.21% above its 3-month low of $358.97. So far this year, it has been under-performing the Nasdaq by 2.31%. Intuit's market cap is currently $116.72 billion with an average daily trading volume of 1.62 million shares.