Against the current: Markets slid, yet National Oilwell Varco Inc, New Fortress Energy Inc., F.N.B. Corporation 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 lost 0.67% and ended the session at 3,695. Nasdaq closed at 10,681, a 0.85% change.
This downslide might be related to financial indicators data published earlier as Crude Oil Inventories in United States fell short of market expectations (1.38 million) with a reading of -1.73 million, continuing the decline from the previous figure of 9.88 million.
Even though markets fell yesterday, some mid cap stocks managed to go up. Have a look at these top gainers.
F.N.B. Corporation | +3.88% at $13.67
Having closed Tuesday at $13.16, bullish sentiment helped F.N.B. Corporation to reach highs around $13.84 before paring gains and ending yesterday at $13.67. Daily trading volume (4.68 million shares) was higher than the current multiday average of 2.38 million.
F.N.B. Corporation released its quarterly earnings report Tuesday, beating analysts estimates. The company reported earnings of 0.39 per share on revenue of $380 million, topping estimates of 0.37 per share on revenue of $365.8 million. Since the release of its earnings report, F.N.B. Corporation gained 5.32%.
New Fortress Energy | +4.35% at $47.73
New Fortress Energy went up to $47.73, gaining 4.35%.
NOV Inc. | +8.3% at $19.58
NOV Inc. topped out at $19.59 having ended yesterday at $19.58. However, despite early momentum, the stock gave up its gains to now trade at $19.58. Daily trading volume (3.90 million shares) was slightly above the current multiday average of 3.57 million.