Against the current: Markets slid, yet Bilibili Inc., GDS Holdings Limited, Lufax Holding Ltd went up and made this list of yesterday's top mid cap stocks gainers.
Leading equity indices in the US declined as Nasdaq was down 0.59% before closing the session at 10,984. S&P 500 lost 0.16% and ended the session at 3,957.63.
On the other hand, positive data was released earlier when United States GDP improved upon its previous reading of 2.6 with a new data release of 2.9.
Even though markets fell yesterday, some mid cap stocks managed to go up. Have a look at these top gainers.
Bilibili | +5.97% in pre-market trade with 23 minutes until open
Approximately 1 year, 1 day ago, the iconic Chinese brand reached a significant high of $67.57 but has struggled to hold onto its gains and declined 81.37% since then. So far in 2022, it has been doing worse than the Nasdaq by 25.84%. The company's market cap is $5.90 billion with an average daily trading volume of 12 million shares.
Lufax | +3.42% in pre-market trade with 23 minutes until open
Pronounced bullish sentiment in the market helped the Chinese personal financial services platform to make a notable 14.18% gain yesterday, rising 20 cents and ultimately closing at $1.61. Daily trading volume (29.88 million shares) increased, making up 166% of the 21-day average (17.99 million).
GDS Holdings | +2.37% in pre-market trade with 23 minutes until open
GDS Holdings rallied 15.2% and ended the session at $13.49.