Against the current: Markets slid, yet Plug Power Inc., RingCentral, Inc., SoFi Technologies, Inc. went up and made this list of yesterday's top mid cap stocks gainers.
Leading equity indices in the US declined as S&P 500 was down 0.61% before closing the session at 3,995.32. Nasdaq closed at 11,171, a 0.76% change.
While price action maintains a negative bias, United States Interest Rate released yesterday at 19:00 UTC with a figure of 4.5, while the previous figure was four.
Even though markets fell yesterday, some mid cap stocks managed to go up. Have a look at these top gainers.
RingCentral | +7.42% at $41.84
The US software company went up to $41.84, gaining 7.42%. Daily trading volume (3.52 million shares) increased, making up 172% of the 21-day average (2 million).
Plug Power | +7.8% at $15.21
The next generation battery maker rose as high as $15.59 before giving up its gains and dropping back to $15.21 before the close on yesterday. Daily trading volume (26.94 million shares) was higher than the current multiday average of 14.63 million.
SoFi Technologies | +6.09% at $4.7
11 months ago the US online bank reached a significant high of $15.95 but has consequently lost 72.23% since then. So far in 2022, it has been under-performing the Nasdaq by 29.84%. SoFi Technologies has a market cap of $3.76 billion with an average daily trading volume of 38.47 million shares. SoFi Technologies's last revenue report was $423.99 million with an EPS of -9 cents.