Markets were flat yesterday, yet TuSimple Holdings Inc., W W Grainger Inc, Virgin Galactic Holdings, Inc. showed impressive gains and made this list of top gainers.
Markets completed a mixed session yesterday while Nasdaq closed the day at 12,200, having gained 3.25%. S&P 500 ended the session at 4,179.76 after a 1.47% gain.
Current market events are being influenced by ambiguous macro data as data for United States Non Farm Payrolls published today at 13:30 UTC came out at 517,000, beating projections of 185,000 and showing improvement over the preceding figure of 260,000.
Despite yesterday's flat session, several industrials stocks are managing to post notable gains. Take a look at the market's Top Gainers:
+12.96%: pre-market trading leads W. W. Grainger to drop to $666.72 (a 1.31% change) after ending yesterday at $675.57
US-based industrial supply company W.W. Grainger, topped out at $676.12 having ended yesterday at $675.57. However, despite early momentum, the stock gave up its gains to now trade at $675.57. The company is currently trading with a market cap of $34.14 billion with an average daily trading volume of 316,376 shares. So far this year, it has been outperforming the S&P 500 by 16.38%.
W. W. Grainger reported earnings results yesterday, with EPS at 7.14 and revenues at $3.80 billion; these results are mixed when compared to a consensus of 6.97 Earnings Per Share and $3.88 billion revenue. Since the release of its earnings report, W. W. Grainger gained 12.96%.
Virgin Galactic | Up 12.81% to $6.34 yesterday
Having closed Wednesday at $5.62, bullish sentiment helped Virgin Galactic to reach highs around $6.54 before paring gains and ending yesterday at $6.34.
TuSimple Holdings | Up 14.92% to $2.73 yesterday
After closing Wednesday at $2.38, TuSimple Holdings closed at $2.73 yesterday after climbing to $2.87 and dropping back down.
TuSimple Holdings is scheduled to announce earnings results Wednesday. The consensus Earnings Per Share estimate is -0.59 and the consensus revenue estimate is $2.44 million.