Against the current: Markets slid, yet Etsy, Inc., Royal Caribbean Cruises Ltd, ING Groep N.V. went up and made this list of today's top large cap stocks gainers.
Leading equity indices in the US declined as Nasdaq shed 1.73% and closed at 10,343. S&P 500 slipped 1.06% and closed at 3,720.
Amid the market gloom, United States ISM Non-Manufacturing PMI (Oct) released today at 14:00 UTC with a figure of 54.4, while the previous figure was 56.7.
Even though markets fell today, some large cap stocks managed to go up. Have a look at these top gainers.
APA, Apache | +6.89% at $47.29
Having closed yesterday at $44.24, bullish sentiment helped APA Corporation to reach highs around $47.88 before paring gains and ending today at $47.29. Daily trading volume (9.82 million shares) was slightly above the current multiday average of 8 million.
APA, Apache is scheduled to announce earnings results today. The consensus EPS estimate is 1.78 and the consensus revenue estimate is $2.34 billion.
Etsy | +14.27% at $100.03
After closing today at $100.03, Etsy peaked at $101.8 before giving up early gains and closing at $100.03. Daily trading volume (12.84 million shares) was above the current multiday average of 3.89 million.
Etsy reported earnings results yesterday, with EPS at -7.62 and revenues at $594.47 million; these results are mixed when compared to a consensus of 0.37 Earnings Per Share and $564.49 million revenue. Since the release of its earnings report, Etsy gained 9.41%.
ING Group | +8.2% at $10.43
After ending yesterday's session at $9.64, ING Group went up to $10.5 today only to fall back and close at $10.43. Daily trading volume (8.23 million shares) increased, making up 187% of the 21-day average (4.40 million).
ING Group trades at $10.43 ahead of quarterly performance report which is scheduled to be released today.
Royal Caribbean Group | +8.28% at $53.77
Royal Caribbean Group rallied 8.28% and maintained $53.77. Daily trading volume (14.35 million shares) increased, making up 203% of the 21-day average (7 million).
Royal Caribbean Group is scheduled to announce earnings results tomorrow.