Horizon Therapeutics Public Limited Company, NIO Inc., Li Auto Inc. made yesterday's list of top gainers.
Markets closed higher yesterday; S&P 500 closed the day at 4,080, having gained 3.09%. Nasdaq ended the session at 11,468 after a 4.41% gain.
Today's rise takes place amid mixed market indicators — data from United States concerning Crude Oil Inventories was released yesterday at 15:30 UTC. Newly published figures emphasized continued decline from last month's figure of -3.69 million to -12.58 million this month.
Yesterday was an exciting day for markets and some large cap stocks managed to make the most of it. Have a look at these top gainers.
Workday | +17.17% at $167.9
Workday Inc ended Tuesday's session at $143.3. yesterday started with an increase to $167.93, but dropped back and closed at $167.9. Daily trading volume (8.71 million shares) increased, making up 386% of the 21-day average (2.26 million).
Workday released its quarterly earnings report Tuesday, beating analysts estimates. The company reported earnings of 0.03 per share on revenue of $1.60 billion, topping estimates of -0.15 per share on revenue of $1.58 billion. Since the release of its earnings report, Workday gained 15.59%.
Li Auto | +18.73% at $22
Li Auto hit a significant low of $13.62 around a month ago, but has since recovered 36.05%. So far in 2022, it has been under-performing the Nasdaq by 2.96%. The company's market cap is $21.47 billion with an average daily trading volume of 13.15 million shares.
Li Auto is scheduled to announce earnings results Monday. The consensus EPS estimate is -0.19 and the consensus revenue estimate is $8.59 billion.
Horizon Therapeutics | +27.34% at $100.29
Horizon Therapeutics ended Tuesday's session at $78.76. yesterday started with an increase to $102.71, but dropped back and closed at $100.29.
NIO Inc. | +21.71% at $12.78
After ending Tuesday's session at $10.5, NIO Inc. went up to $13.27 yesterday only to fall back and close at $12.78. Daily trading volume (170.27 million shares) increased, making up 274% of the 21-day average (62 million).