Ross Stores Inc, Palo Alto Networks, Inc., Burlington Stores, Inc. made Friday's list of top gainers.
Markets were up Friday; Dow Jones closed the day at 33,746, having gained 0.59%. S&P 500 gained 0.48% and closed at 3,965.34.
Friday was an exciting day for markets and some large cap stocks managed to make the most of it. Have a look at these top gainers.
Ross Stores | +9.86% at $107.59
The retail apparel and home fashion stores operator has appreciated 57.42% over the past six months. So far in 2022 it has been beating the Nasdaq by 36.67%. Ross has a market cap of $37.34 billion with an average daily trading volume of 3.27 million shares.
Ross released its quarterly earnings report Thursday, beating analysts estimates. The company reported earnings of one per share on revenue of $4.57 billion, topping estimates of 0.81 per share on revenue of $4.37 billion. Since the release of its earnings report, Ross gained 11.49%.
Palo Alto Networks | +6.97% at $167.48
Palo Alto Networks is now trading 68.85% below its 3-month high of $629. So far in 2022, it has been under-performing the Nasdaq by 28.59%. The company has a market cap of $50.31 billion with an average daily volume of 5.46 million shares.
Palo Alto Networks trades at $167.48 after the company released its quarterly results.
Burlington Stores | +4.63% at $157.86
Burlington Stores went up to $157.86, gaining 4.63%. Daily trading volume (3 million shares) increased, making up 191% of the 21-day average (1.61 million).
The company trades at $157.86 ahead of quarterly performance report which is scheduled to be released tomorrow.
Neurocrine Biosciences | +4.43% at $120.16
After closing Friday at $120.16, Neurocrine Biosciences peaked at $120.79 before giving up early gains and closing at $120.16. The day's trading volume totalled 759,753 shares — slightly under the 21-day average of 984,850.