IQIYI is yesterday's top mover after gaining 22.41%
Markets were up yesterday; Dow Jones gained 1.6% and closed at 33,376. S&P 500 ended the session at 3,878.44 after a 1.49% gain.
Today's price action is taking place amid mixed market indicators – data for United States GDP published today at 13:30 UTC came out at 3.2, beating projections of 2.9 and showing improvement over the preceding figure of 2.9.
Assets that recorded the greatest percentage change in relation to their peers are designated as "Top Movers" with 's most active stocks listed below.
IQIYI opened at $3.58 yesterday before posting solid session gaining 22.41%
IQIYI, Inc. rallied 22.41% and ended the session at $4.37. IQIYI is currently trading with a market cap of $3.76 billion with an average daily trading volume of 19.70 million shares. So far in 2022, it has been outperforming the Nasdaq by 44.03%.
Adaptive Biotechnologies | +13.54% at $8.05
The adaptive immune system pioneer has fallen back around 75.84% over the past 1 year, 1 day, from a notable high of $29.35. Adaptive Biotechnologies's market cap is currently $1.15 billion with an average daily volume of 955,098 shares. Adaptive Biotechnologies's last revenue report was $47.83 million with an EPS of -32 cents.
Pre-market trading leads Nike to drop to $114.45 (a 1.15% change) after ending yesterday at $115.78
Yesterday continued on the same track for Nike — after closing Tuesday at $103.21, Nike closed at $115.78 yesterday after climbing to $119.18 and dropping back down. With an average daily trading volume of 8.69 million shares. So far in 2022, it has been under-performing the Dow by 22.37%.
Nike released its quarterly earnings report Tuesday, beating analysts estimates. The company reported earnings of 0.85 per share on revenue of $13.31 billion, topping estimates of 0.65 per share on revenue of $12.56 billion. Since the release of its earnings report, Nike gained 12.35%.
Risk-on sentiment allowed Six Flags to post 11.76% gain yesterday
Six Flags pointed in the same direction yesterday: the US amusement park operator topped out at $23.69 having ended yesterday at $23.38. However, despite early momentum, the stock gave up its gains to now trade at $23.38. The company is currently trading with a market cap of $1.94 billion with an average daily volume of 1.67 million shares.