Against the current: Markets are down, yet MongoDB, Inc., State Street Corp, Campbell Soup Co go up and make this list of top gainers.
The leading indices are falling — Nasdaq trades at 10,952 after losing 0.57%. S&P 500 slipping 0.31% and closing at 3,929.
This downslide might be related to financial indicators data published earlier as United States Crude Oil Inventories released earlier showed a marked improvement to -5.19 million from the preceding data of -12.58 million, but fell short of the -3.31 million figure forecast by a consensus of market analysts.
Markets are falling this session, but some large cap stocks are registering gains. Take a look at today's positive market movers.
Campbell Soup | +5.59% in mid-session
Despite closing yesterday at $53 and then climbing as high as $56 today, Campbell Soup has given up a sizeable portion of its gains to now trade at $55.95. As things stand, trading volume is at 6 million, above the 21-day average of 2.33 million.
Campbell Soup is scheduled to announce earnings results today. The consensus EPS estimate is 0.86 and the consensus revenue estimate is $2.45 billion.
State Street | +7.84% in mid-session
After closing yesterday at $74.36, the financial services provider went up to $82.32 only to drop back some of the way, and is now trading at $80.19.
MongoDB | +22.17% in mid-session
After closing yesterday at $144.69, the software company went up to $186.75 only to drop back some of the way, and is now trading at $176.77. The trading volume is at 9.94 million, 469% above the 21-day average of 2.12 million.
MongoDB released its quarterly earnings report yesterday, beating analysts estimates. The company reported earnings of -1.23 per share on revenue of $333.62 million, topping estimates of -1.48 per share on revenue of $303.39 million. Since the release of its earnings report, MongoDB gained 18.86%.
China Southern Airlines | +3.88% in mid-session
The largest airline in China gaining 3.88% and hovering around the $31.35 level. Current trading volume stands at 28,157; 286% above the 21-day average of 9,853.