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June 07, 2023
Cloudflare is today's top mover after declining 9.19%
Markets are mixed with Nasdaq trades at 13,116 after losing 1.21%. Dow Jones goes up 0.37%, trading at 33,700.
Today's muted price action is occurring amid mixed market indicators – highly important Crude Oil Inventories data from United States beat analyst expectations of 1 million with a reading of -451,000.
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.
Cloudflare | –9.19%; session high: $68.89 session low: $61.73
The US content delivery network down by $6.31 (9.19%). This is the largest single day drop since May 1. The DDoS mitigation company has gained 59.51% since its lowest print of $37.84 earlier this year. The Nasdaq has been doing worse in 2022, it has been passing it by 37.75%. The company has a market cap of $20.68 billion with an average daily volume of 6.49 million shares. Cloudflare has a forecast of $290.8 million with an EPS of 3 cents.
UiPath | Currently down 8.4% at $17.82
The stock has been trending positively for about a month. So far this year, it has performed better than the Nasdaq by 36.58%. UiPath is currently trading with a market cap of $10 billion with an average daily volume of 13.90 million shares. UiPath's last revenue report was $289.59 million with an EPS of -23 cents.
Applovin is around $21.39 after losing 8.18%
As the current session draws to a close, the mobile tech developer remains in the $21.04 – $23.7 range after closing yesterday at $23.3 and dropping by 8.18%. Applovin's market cap currently stands at $7.44 billion with an average daily trading volume of 3.66 million shares. The Nasdaq has been doing worse in 2022, it has been passing it by 95.39%.
