AudioCodes is today's top mover after declining 9.57%
The leading indices were losing ground — Dow Jones drawing back 0.38% to 33,761. S&P 500 trades at 4,099.72 after losing 0.28%.
Today's price action is taking place amid mixed market indicators – United States Trade Balance (Dec) came out at -67.4 billion, while a consensus of analysts was expecting -68.5 billion.
Assets that recorded the greatest percentage change in relation to their peers are designated as "Top Movers" with the most active technology stocks listed below.
Skyworks is up 8%, trades at $118.04
After closing the previous trading day at $109.28, Skyworks Solutions is up to $118.04, which makes for a move of 8%/$8.76 today. The analog semiconductors maker's market cap currently stands at $18.91 billion with an average daily volume of 1.87 million shares. So far this year, it has been outperforming the Nasdaq by 8.13%.
Skyworks reported earnings results yesterday, with EPS at 2.9 and revenues at $1.33 billion; these results are mixed when compared to a consensus of 2.37 Earnings Per Share and $1.40 billion revenue. Since the release of its earnings report, Skyworks gained 4.94%.
AudioCodes | -9.57% to start today's session
In the last 3 days, AudioCodes Ltd. has lost a total of 12.62% of its value. More of the same today: AudioCodes is down to $17.86, after ending yesterday at $19.75. Overall, a 9.57% loss or $1.89 today.
AudioCodes is scheduled to announce earnings results today. The consensus EPS estimate is 0.27 and the consensus revenue estimate is $72.36 million.
Lethargic start to the session sees C3.ai drop as low as $24.8
C3.ai is down to $25, after ending yesterday at $27.55. Overall, a 9.29% loss or $2.55 today. Currently, the enterprise-scale AI application developer has a market capitalization of $2.76 billion with an average daily volume of 17.71 million shares.