Markets were flat yesterday, yet CureVac N.V., Western Alliance Bancorporation, StoneCo Ltd. showed impressive gains and made this list of top gainers.
Markets did not have a clear cut direction — Nasdaq closed at 11,300, a 0.18% change. S&P 500 closed 4,016.22 after a stable day.
This limbo state is reflected by published market data as highly important Core Durable Goods Orders data from United States beat analyst expectations of -0.2% with a reading of -0.1%.
Despite yesterday's flat session, several mid cap stocks are managing to post notable gains. Take a look at the market's Top Gainers:
StoneCo | Closed +4.87% at $11.19
This year has been a bright one for the cloud-based technology platform after trading as low as $7.24 and going on to appreciate by 25.97% year to date. So far this year, it has been beating the Nasdaq by 17.8%. StoneCo's market cap currently stands at $3.50 billion with an average daily trading volume of 4.22 million shares. StoneCo has a forecast of $464.35 million with an EPS of 5 cents.
CureVac | Closed +8.41% at $11.09
An influx of buyers helped the RNA therapeutics developer to end the session higher around $11.09, while establishing a $10 to $11.25 session range yesterday.
Western Alliance Bancorporation | Up 4.89% to $70.59 yesterday
The retail and commercial bank has managed to gain 15% so far this year despite trading at lows around $56.48 previously. The Nasdaq has been doing worse in 2022, it has been passing it by 6.83%. The company is currently trading with a market cap of $7.69 billion with an average daily trading volume of 778,837 shares.
Western Alliance Bancorporation is scheduled to announce earnings results today. The consensus EPS estimate is 2.67 and the consensus revenue estimate is $724.29 million.