Against the current: Markets are down, yet Huazhu Group Limited, Baidu Inc, Prudential plc go up and make this list of top gainers.
The leading indices are dropping — S&P 500 drawing back 1.62% to 4,005.72. Dow Jones trades at 34,000 after losing 1.22%.
Meanwhile, United States ISM Non-Manufacturing PMI (Nov) came out at 56.5, while a consensus of analysts was expecting 53.3.
Though markets had an unsatisfactory day Friday, some large cap stocks manage to recover and make it to the list of top gainers. Take a look.
Baidu | +4.59% in mid-session
The Chinese tech giant rallies 4.59% and stays at the $119 level. The trading volume is at 5.20 million, 149% above the 21-day average of 3.50 million.
Prudential | +4% in mid-session
Despite closing Friday at $25.34 and then climbing as high as $26.88 today, Prudential has given up a sizeable portion of its gains to now trade at $26.35. As things stand, trading volume is at 1 million, above the 21-day average of 761,209.
Huazhu Group | +5.64% in mid-session
The past 3 months have been positive for the world's 7th largest hotel group as it added 18.07% compared to its 3-month low of $22.28. So far in 2022, it has performed better than the Nasdaq by 44.69%. The company's market cap is $13.55 billion with an average daily volume of 1.96 million shares.
SolarEdge Technologies | +2.55% in mid-session
After ending Friday at $308.77, SolarEdge Technologies is currently trading at $316.64.