Against the current: Markets slid, yet First Solar, Inc., WalkMe Ltd., MICT, Inc. went up and made this list of yesterday's top technology stocks gainers.
Leading equity indices in the US declined as after dropping 1.03%, Nasdaq closed at 11,000. S&P 500 was down 0.75% before closing the session at 3,872.
While price action maintains a negative bias, United States OPEC Crude Oil Production Algeria (Barrel) released yesterday at 15:00 UTC with a figure of 1 million, while the previous figure was 1 million.
Despite markets falling yesterday, some technology stocks managed to go up. Have a look at these top gainers.
First Solar | +9.72% at $145.57
First Solar rose as high as $148.2 before giving up its gains and dropping back to $145.57 before the close on yesterday.
The company reported earnings of -0.46 per share Thursday, falling short of expectations of -0.27. Revenue was also lower than expected at $628.93 million versus $748.61 million. Although earnings did not match projections, First Solar gained 10.78% since the release of its earnings report.
MICT | +4.54% at 73.18 cents
After ending Friday at 70 cents, MICT spiked to 75 cents and closed yesterday at 73.18 cents — gaining 4.54% overall. Daily trading volume (237,425 shares) was slightly greater than the current multiday average of 226,731.
Sabre | +4.5% at $5.81
Bullish sentiment helped Sabre to hammer out a noteworthy $5.54 to $5.88 range yesterday, and finally closing at $5.81 to end the session.
Sabre is scheduled to announce earnings results tomorrow. The consensus EPS estimate is -0.25 and the consensus revenue estimate is $689.51 million.
WalkMe | +6.06% at $8.92
WalkMe rallied 6.06% and ended the session at $8.92. The volume of trade was 103,884 shares, close to the daily average of 104,801 shares.