Markets were flat today, yet Shopify, ServiceNow, Arista Networks Inc showed impressive gains and made this list of top gainers.
Markets completed a mixed session today, as Nasdaq slipped 1.63% and closed at 10,800. Dow Jones gained 0.61% and closed at 32,033.
Current market events are being influenced by ambiguous macro data as following a previous reading of 0.3%, Core Durable Goods Orders in United States released today at 12:30 UTC fell short of the 0.2% figure expected by analysts with an actual reading of -0.5%.
Though today was a sideways session for markets, some large cap stocks increased in value. Take a look at our top gainers.
Arista | +9.32% at $119.13
Arista topped out at $126.53 having ended today at $119.13. However, despite early momentum, the stock gave up its gains to now trade at $119.13. Daily trading volume (4.83 million shares) was higher than the current multiday average of 2.17 million.
Arista Networks is scheduled to announce earnings results Monday. The consensus Earnings Per Share estimate is 0.91 and the consensus revenue estimate is $1 billion.
Check Point | +9.27% at $127.29
The IT security products developer rose as high as $128 before giving up its gains and dropping back to $127.29 before the close on today.
Check Point is scheduled to announce earnings results today. The consensus EPS estimate is 1.45 and the consensus revenue estimate is $571.87 million.
ServiceNow | +13.44% at $415.67
After closing today at $415.67, ServiceNow peaked at $426.96 before giving up early gains and closing at $415.67. Daily trading volume (5.62 million shares) was higher than the current multiday average of 1.98 million.
ServiceNow reported earnings results yesterday, with EPS at 0.42 and revenues at $1.83 billion; these results are mixed when compared to a consensus of 0.41 Earnings Per Share and $1.85 billion revenue. Since the release of its earnings report, ServiceNow gained 10.36%.
Shopify | +17.34% at $34.1
After closing yesterday at $29.06, Shopify closed at $34.1 today after climbing to $34.6 and dropping back down. Daily trading volume (85.60 million shares) was above the current multiday average of 28 million.
Shopify is scheduled to announce earnings results today. The consensus Earnings Per Share estimate is -0.24 and the consensus revenue estimate is $1.81 billion.