- Yesterday's star of the day Viatris appreciates 13.09% while outperforming its peers
- European markets are up as DAX is up by 0.39%, hitting 13,600.
A reminder of where yesterday ended before the next session begins: leading equity indices in the US rose as Dow Jones closed the day at 32,827, having gained 1.31%. S&P 500 gained 0.96% and closed at 3,806.8.
US markets are currently closed but will resume today in around 2 hours time. European session in progress; markets are rising as DAX increases by 0.39%, reaching 13,600. Upbeat Asia-Pacific markets ended today higher as Nikkei added 1.25% to trade at 27,872.
Yesterday's gains have given market bulls further impetus to expect strong macro data going forward, such as United States Crude Oil Inventories is projected to outperform its last figure with 1.1 million. It previously stood at -3.12 million; data will be released tomorrow at 15:30 UTC.
Also worthy of note, United States Consumer Price Index is expected Thursday. United States Core Consumer Prices is expected Thursday.
While most stocks did well yesterday, some did better than others as Viatris trades at $10.97 having gained 13.09%. Outbrain (up 4.52%) and Playtika (up 4.08%) also performed well yesterday.
Continuing its recent sideways trend, Outbrain closed at $3.93 after a flat day yesterday
Pointing in a similar direction, yesterday's session was more of the same — Outbrain Inc. Common Stock rallied 4.52% and ended the session at $3.93. Outbrain's market cap is currently $219 million with an average daily trading volume of 179,639 shares.
Outbrain is scheduled to announce earnings results Thursday. The consensus EPS estimate is -0.22 and the consensus revenue estimate is $208.77 million.
Playtika gains 4.08%, closes at $9.69 ahead of the quarterly earnings report set for today
Yesterday's session pointed in the same direction — pronounced bullish sentiment in the market helped Playtika to make a notable 4.08% gain yesterday, rising 38 cents and ultimately closing at $9.69. Playtika is currently trading with a market cap of $3.50 billion with an average daily volume of 1.37 million shares. So far in 2022, it has been outperforming the Nasdaq by 2.86%.
Playtika is scheduled to announce earnings results today.