Markets were flat yesterday, yet Okta Inc, Splunk Inc, Five Below, Inc. showed impressive gains and made this list of top gainers.
Markets did not have a clear cut direction — after dropping 0.56%, Dow Jones closed at 34,400. Nasdaq closed 11,482 after a stable day.
Current market events are being influenced by ambiguous macro data as United States ISM Manufacturing PMI (Nov) released yesterday at 15:00 UTC with a figure of 49, while the previous figure was 50.2.
Though yesterday was a sideways session for markets, some large cap stocks increased in value. Take a look at our top gainers.
Splunk | +17.78% at $91.49
After closing yesterday at $91.49, the marketing data analysis software company peaked at $92.3 before giving up early gains and closing at $91.49. Daily trading volume (9.14 million shares) increased, making up 478% of the 21-day average (1.91 million).
Okta | +26.46% at $67.43
The user authentication management company rose as high as $67.61 before giving up its gains and dropping back to $67.43 before the close on yesterday. Daily trading volume (20 million shares) was above the current multiday average of 4.65 million.
Zscaler | +8.28% at $144.5
Bullish sentiment helped the Californian cloud security company to hammer out a noteworthy $134.51 to $144.87 range yesterday, and finally closing at $144.5 to end the session.
Five Below | +16.55% at $187.48
Having set a significant high of $207.71 5 months ago, the teen-focused discount store is trading 42.37% lower. So far in 2022 it has been beating the Nasdaq by 15.37%. Five Below has a market cap of $10.41 billion with an average daily trading volume of 828,117 shares.