Markets were flat yesterday, yet Okta Inc, MICT, Inc., Splunk Inc showed impressive gains and made this list of top gainers.
Markets did not have a clear cut direction — Dow Jones slipped 0.56% and closed at 34,400. Nasdaq closed 11,482 after a stable day.
This limbo state is reflected by published market data as United States ISM Manufacturing PMI (Nov) came out at 49, while a consensus of analysts was expecting 49.8.
Though yesterday was a sideways session for markets, some technology stocks increased in value. Take a look at our top gainers.
Splunk | +17.78% at $91.49
The marketing of software solutions provider rose as high as $92.3 before giving up its gains and dropping back to $91.49 before the close on yesterday. 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 reached a significant high of $240.07 around 11 months ago but has lost 77.79% since then. So far in 2022, it has been under-performing the Nasdaq by 38.12%. Okta's market cap is currently $10.24 billion with an average daily trading volume of 4.65 million shares.
Zscaler | +8.28% at $144.5
The US cloud security business went up to $144.5, gaining 8.28%. Daily trading volume (6.72 million shares) increased, making up 290% of the 21-day average (2.32 million).
Micronet Enertec Technologies | +20.46% at $1.17
7 days ago the mobile computing device maker reached a significant high of $1.3 but has consequently lost 25.28% since then. MICT is currently trading with a market cap of $151.59 million with an average daily volume of 625,345 shares. MICT last reported revenue of $13.76 million with an EPS of -5 cents.