Tuya is yesterday's top mover after declining 11.42%
Leading equity indices in the US declined as Dow Jones lost 2.06% and ended the session at 33,130. S&P 500 slipped 2% and closed at 3,997.34.
Today's price action is taking place amid mixed market indicators – United States Existing Home Sales (Jan) came out at 4 million, while a consensus of analysts was expecting 4 million.
“Top Movers” are assets that recorded the highest percentage change compared to their nearest peers. yesterday's most active technology stocks are listed below.
Tuya | Closed down 11.42% at $2.25 yesterday
3 months ago, the cloud and management platform provider fell to a low of 83 cents but has since recovered 206.02%. So far this year, it has been outperforming the Nasdaq by 1.05%. The company is currently trading with a market cap of $1.29 billion with an average daily volume of 593,249 shares.
Tuya is scheduled to announce earnings results Wednesday. The consensus EPS estimate is -0.07 and the consensus revenue estimate is $43.19 million.
Fastly | -10% at $14.31
The cloud platform has managed to gain 64.43% so far this year despite trading at lows around $7.44 previously. The company has a market cap of $1.76 billion with an average daily trading volume of 6.97 million shares. Fastly's last revenue report was $119.32 million with an EPS of -33 cents.
MICT | Closed down 9.68% at 90.32 cents yesterday
The mobile computing specialist reached a significant high of $1.3 around 2 months ago but has lost 23.08% since then. Currently, the mobile computing specialist has a market capitalization of $142.21 million with an average daily volume of 423,431 shares. Micronet Enertec Technologies last reported revenue of $13.76 million with an EPS of -5 cents.