Most markets are higher this morning as risk-on sentiment dominates: SolarEdge Technologies, Inc., Five9, Inc., Vishay Precision Group, Inc. are showing impressive gains as we move into the afternoon trading session.
The leading indices are pointing up — Dow Jones up 1.32%, trading at 33,260. S&P 500 up to 3,846, gaining 1.03%.
Meanwhile, United States 3-Year Note Auction released today at 18:00 UTC with a figure of 4.605, while the previous figure was 4.318.
Here are the biggest technology stocks gainers so far today.
Five9 | +14.84% in mid-session
After closing yesterday at $47, Five9 went up to $56.76 only to drop back some of the way, and is now trading at $53.98.
Five9 released its quarterly earnings report yesterday, beating analysts estimates. The company reported earnings of 0.39 per share on revenue of $198.34 million, topping estimates of 0.35 per share on revenue of $195.1 million. Since the release of its earnings report, Five9 gained 8.6%.
Otonomo | +7.58% in mid-session
Otonomo trades at 33.36 cents today, after closing yesterday at 31.01 cents and gaining 2.35 cents (7.58%).
SolarEdge Technologies | +17.93% in mid-session
SolarEdge Technologies has shed 30.29% over the past three months. So far in 2022 it has been beating the Nasdaq by 24.68%. SolarEdge Technologies’s market cap currently stands at $14.37 billion with an average daily trading volume of 1.18 million shares.
VPG | +8% in mid-session
Following yesterday’s session which closed at $32.5, VPG went up to $35.33 today only to drop back and trade at $35.1.
The company trades at $35.1 ahead of quarterly performance report which is scheduled to be released today.