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June 16, 2023
Coherent leading the pack after gaining 6.45%
Markets are currently flat. Nasdaq drawing back 0.25% to 13,749. Dow Jones trades sideways at 34,400.
Today's muted price action is occurring amid mixed market indicators – highly important Retail Sales data from United States beat analyst expectations of -0.1% with a reading of 0.3%.
“Top Movers” are assets that recorded the highest percentage change compared to their nearest peers. The currently most active technology stocks are listed below.
Coherent | +6.45% in mid-session
Coherent hit a significant low of $27.66 around a month ago, but has since recovered 85.36%. Currently, the laser and photonics supplier has a market capitalization of $7.33 billion with an average daily trading volume of 3.63 million shares. Coherent expected revenue of $1.34 billion with an EPS of 82 cents.
Upward momentum peaks at $3.15 for Allot
The Israeli telecoms enabler trades at $3.12 today, after closing yesterday at $2.94 and gaining 18 cents (6.12%). The Israeli telecoms software developer's market cap currently stands at $116.77 million with an average daily volume of 96,039 shares.
ZoomInfo Technologies | -9.38% in mid-session
The data provider is now trading 38.94% above the significant low ($20.44) it slumped to a month ago. So far this year, it has been doing worse than the Nasdaq by 27.03%. ZoomInfo Technologies has a market cap of $10.35 billion with an average daily volume of 4.94 million shares. ZoomInfo Technologies has a forecast of $300.33 million with an EPS of 21.7 cents.
