Against the current: Markets slid, yet Tuya Inc., Otonomo Technologies Ltd., Universal Display Corporation went up and made this list of today's top technology stocks gainers.
Leading equity indices in the US declined as after dropping 1.79%, S&P 500 closed at 3,999. Dow Jones lost 1.4% and ended the session at 33,947.
While price action maintains a negative bias, United States ISM Non-Manufacturing PMI (Nov) came out at 56.5, while a consensus of analysts was expecting 53.3.
Even though markets fell today, some technology stocks managed to go up. Have a look at these top gainers.
Tuya | +11.38% at $1.37
11 months ago the AI and IoT platform reached a significant high of $7.22 but has consequently lost 82.96% since then. So far in 2022, it has been under-performing the Nasdaq by 40.54%. The company's market cap is $758.13 million with an average daily trading volume of 620,716 shares. Tuya expected revenue of $44.11 million with an EPS of -3 cents.
Universal Display | +5.71% at $119.12
After closing Friday at $112.69, Universal Display closed at $119.12 today after climbing to $119.55 and dropping back down.
Science Applications International Corporation | +4.3% at $113.96
The past 3 months have been positive for the next-gen IT support company as it added 18.74% compared to its 3-month low of $79.1. Science Applications International Corporation is currently trading with a market cap of $6.28 billion with an average daily trading volume of 284,479 shares.
Science Applications International Corporation is scheduled to announce earnings results today. The consensus EPS estimate is 1.74 and the consensus revenue estimate is $1.87 billion.
Otonomo | +7.54% at 44.24 cents
Pronounced bullish sentiment in the market helped the Israeli car data marketplace to make a notable 7.54% gain today, rising 3.1 cents and ultimately closing at 44.24 cents.