Markets are mostly pointing down as we head into the end of today's session, but Sunrun gains 19.96% to top this list of the 4 biggest gainers at the moment.
The leading indices were losing ground — Nasdaq slipping 1.17% and closing at 10,400. S&P 500 trades at 3,738.5 after losing 0.56%.
Amid the market gloom, United States ISM Non-Manufacturing PMI (Oct) released today at 14:00 UTC with a figure of 54.4, while the previous figure was 56.7.
Markets are falling this session, but some technology stocks are registering gains. Take a look at today's positive market movers.
Fastly | +11.08%; session high: $9.09 session low: $7.96
After ending yesterday at $7.9, Fastly went up to $9.09 only to drop back some of the way. It is now trading around $8.78 as it reaches the end of the trading session. As things stand, trading volume is at 4.98 million, above the 21-day average of 2.74 million.
Fastly released its quarterly earnings report yesterday, beating analysts estimates. The company reported earnings of -0.14 per share on revenue of $108.50 million, topping estimates of -0.17 per share on revenue of $103.46 million. Since the release of its earnings report, Fastly gained 2.87%.
Sunrun | +19.96%; session high: $26.47 session low: $22.9
Sunrun is now trading 30.6% below its 3-month high of $58.66. So far in 2022, it has performed better than the Nasdaq by 11.5%. The company has a market cap of $5.51 billion with an average daily volume of 8.53 million shares.
Sunrun released its quarterly earnings report yesterday, beating analysts estimates. The company reported earnings of 0.96 per share on revenue of $631.91 million, topping estimates of -0.09 per share on revenue of $565 million. Since the release of its earnings report, Sunrun gained 15.15%.
StoneCo | +12.87%; session high: $12.15 session low: $10.22
StoneCo rallies $1.35 (12.87%) and maintains the $11.84 level as it reaches the end of session.
Vimeo | +18.71%; session high: $4.35 session low: $3.8
After ending yesterday at $3.34, Vimeo went up to $4.35 only to drop back some of the way. It is now trading around $3.96 as it reaches the end of the trading session. The trading volume is at 9.43 million, 392% above the 21-day average of 2.40 million.
Vimeo released its quarterly earnings today, beating analysts estimates. The company reported earnings of -0.13 per share on revenue of $108.13 million, topping estimates of -0.17 per share on revenue of $106.15 million.