Against the current: Markets slid, yet Li Auto Inc., Teck Resources Limited, JD.com Inc. went up and made this list of yesterday's top large cap stocks gainers.
Leading equity indices in the US declined as Nasdaq shed 0.59% and closed at 10,984. S&P 500 closed at 3,957.63, a 0.16% change.
On the other hand, positive data was released earlier when United States Consumer Confidence beat the 100 projections, with 100.2.
Even though markets fell yesterday, some large cap stocks managed to go up. Have a look at these top gainers.
JD.com | +6.69% at $53.25
Having set a significant low of $36.66 a month ago, the Chinese e-commerce company is trading 36.14% higher. So far in 2022, it has been outperforming the Nasdaq by 16.92%. JD.com is currently trading with a market cap of $83.36 billion with an average daily volume of 11.17 million shares. JD.com has a forecast of $214 billion with an EPS of 52 cents.
Li Auto | +8.74% at $18.53
The Chinese EV manufacturer rose as high as $18.84 before giving up its gains and dropping back to $18.53 before the close on yesterday. Yesterday's trading volume was 11.24 million shares which is slightly under the 21-day average of 13.20 million.
Li Auto is scheduled to announce earnings results Monday. The consensus Earnings Per Share estimate is -0.19 and the consensus revenue estimate is $8.59 billion.
Tencent | +6.11% at $6.6
The Chinese music streaming pacesetter topped out at $6.63 having ended yesterday at $6.6. However, despite early momentum, the stock gave up its gains to now trade at $6.6. Daily trading volume (21.82 million shares) increased, making up 182% of the 21-day average (11.98 million).
Teck Resources | +7.13% at $35.33
The mining and mineral development business rose as high as $35.6 before giving up its gains and dropping back to $35.33 before the close on yesterday.