Fair Isaac Corporation, RingCentral, Inc., Unity Software Inc. made yesterday's list of top gainers.
Leading equity indices in the US rose as S&P 500 closed the day at 3,956.37, having gained 5.54%. Dow Jones ended the session at 33,700 after a 3.7% gain.
More data out yesterday as United States Core Consumer Prices released yesterday at 13:30 UTC with a figure of 0.3%, while the previous figure was 0.6%.
Yesterday was an exciting day for markets and some technology stocks managed to make the most of it. Have a look at these top gainers.
Fair Isaac | +31.1% at $581.78
After closing Wednesday at $443.77, Fair Isaac closed at $581.78 yesterday after climbing to $581.87 and dropping back down.
Following the release of quarterly results, Fair Isaac trades at $581.78.
RingCentral | +30.11% at $36.9
1 year, 1 day ago RingCentral reached a significant high of $281.64 but has consequently lost 89.93% since then. So far in 2022, it has been under-performing the Nasdaq by 39%. The company's market cap is $3.52 billion with an average daily volume of 2.29 million shares.
RingCentral reported earnings results Wednesday, with EPS at -0.42 and revenues at $509 million; these results are mixed when compared to a consensus of -0.36 Earnings Per Share and $502.69 million revenue. Since the release of its earnings report, RingCentral gained 22.51%.
Sunrun | +27.44% at $30.79
Approximately 11 months ago, Sunrun reached a significant high of $58.66 but has struggled to hold onto its gains and declined 58.81% since then. So far in 2022, it has been outperforming the Nasdaq by 29.35%. Sunrun is currently trading with a market cap of $6.56 billion with an average daily volume of 10.46 million shares. Sunrun's last revenue report was $631.91 million with an EPS of 96 cents.
Unity Software | +29.4% at $27.82
Unity Software topped out at $28.47 having ended yesterday at $27.82. However, despite early momentum, the stock gave up its gains to now trade at $27.82. Daily trading volume (28.31 million shares) increased, making up 265% of the 21-day average (10.70 million).
Unity Software reported earnings results Wednesday, with EPS at -0.67 and revenues at $322.88 million; these results are mixed when compared to a consensus of -0.5 Earnings Per Share and $322 million revenue. Since the release of its earnings report, Unity Software gained 17.09%.