Cyren is yesterday's top mover after declining 9%
Leading equity indices in the US declined as Nasdaq was down 0.51% before closing the session at 10,959. S&P 500 slipped 0.19% and closed at 3,934.
Today's price action is taking place amid mixed market indicators – United States Crude Oil Inventories improved upon its previous reading of -12.58 million with a new data release of -5.19 million.
Assets that recorded the greatest percentage change in relation to their peers are designated as "Top Movers" with 's most active technology stocks listed below.
MongoDB | +23.23% at $178.3
Having closed Tuesday at $144.69, bullish sentiment helped MongoDB, Inc. to reach highs around $186.75 before paring gains and ending yesterday at $178.3. Daily trading volume (12.54 million shares) increased, making up 481% of the 21-day average (2.61 million).
MongoDB released its quarterly earnings report Tuesday, beating analysts estimates. The company reported earnings of -1.23 per share on revenue of $333.62 million, topping estimates of -1.48 per share on revenue of $303.39 million. Since the release of its earnings report, MongoDB gained 19.89%.
Otonomo | +8.51% at 44.5 cents
The Israeli car data marketplace went up to 44.5 cents, gaining 8.51%. The day's trading volume totalled 852,059 shares — slightly under the 21-day average of 1 million.
Cyren | Closed down 9% at 76.46 cents yesterday
Cyren's bearish run has lasted 4 days so far (-5.63 cents). More of the same from yesterday's session: an influx of sellers pushed the state-of-the-art email security software developer to session lows around 76.46 cents while establishing a 76.46 cents to 84 cents session range yesterday. Daily trading volume (46,047 shares) was slightly greater than the current multiday average of 40,646.