Against the current: Markets are down, yet Shoals Technologies Group, Inc., Paysafe Limited, Enphase Energy Inc go up and make this list of top gainers.
The leading indices are dropping — Nasdaq trades at 11,235 after losing 1.08%. S&P 500 drawing back 0.54% to 3,970.34.
This downslide might be related to financial indicators data published earlier as highly important Crude Oil Inventories data from United States beat analyst expectations of -440,000 with a reading of -5.4 million.
Though markets had an unsatisfactory day yesterday, some technology stocks manage to recover and make it to the list of top gainers. Take a look.
Enphase | +3.37% in mid-session
The past 6 months have been positive for Enphase as it appreciated 99.12%, having traded as low as $119.97. So far in 2022 it has been beating the S&P by 83.2%. The company's market cap is $42.25 billion with an average daily volume of 4 million shares. Enphase Energy has a forecast of $614.49 million with an EPS of $1.09.
Monday.com | +2.38% in mid-session
Monday.com has recovered 41% since descending to a significant low of $76.46 around 7 days ago. Monday.com's market cap is currently $4.83 billion with an average daily trading volume of 769,792 shares.
Paysafe | +4.37% in mid-session
Paysafe trades at $1.67 today, after closing yesterday at $1.6 and gaining 7 cents (4.37%).
Shoals Technologies | +5.15% in mid-session
Although Shoals Technologies increased from $27.4 to $29.55, the stock dropped back and is now priced at $28.81.
Following the release of quarterly results, Shoals Technologies trades at $28.81.