NI is yesterday's top mover after gaining 10.79%
Markets completed a mixed session yesterday, as Dow Jones slipped 1.14% and closed at 33,900. S&P 500 lost 0.2% and ended the session at 3,991.
Today's muted price action is occurring amid mixed market indicators – United States NY Empire State Manufacturing Index (Jan) released yesterday at 13:30 UTC with a figure of -32.9, while the previous figure was -11.2.
Assets that recorded the greatest percentage change in relation to their peers are designated as "Top Movers" with 's most active technology stocks listed below.
NI | +10.79% at $52.04
NI has posted further gains as part of an 8 day trend that has already seen the stock gain $10.53. NI lived up to expectations yesterday by maintaining its set course — after closing yesterday at $52.04, the Texan test equipment maker peaked at $54.69 before giving up early gains and closing at $52.04.
Coinbase | +8.32% at $54.14
Coinbase gained $4.16 and closed above the $50 level for the first time in 2 months. This year has been a bright one for the crypto exchange spearhead after trading as low as $32.53 and going on to appreciate by 69.77% year to date. So far in 2022 it has been beating the Nasdaq by 63.38%. The company has a market cap of $14.18 billion with an average daily volume of 14 million shares. Coinbase last reported revenue of $590.34 million with an EPS of $-2.43.
Tuya | Currently down 10.89% at $2.21
Tuya Inc. traded at $2.21 after making its biggest single-day drop of 27 cents (10.89%) since July 2022. Tuya hit a significant low of 83 cents around 2 months ago, but has since recovered 198.8%. So far in 2022, it has performed better than the Nasdaq by 2.38%. The company is currently trading with a market cap of $1.23 billion with an average daily trading volume of 1 million shares. Tuya has a forecast of $44.11 million with an EPS of -3 cents.