Against the current: Markets slid, yet United States Steel Corporation, The Chemours Company, Barrick Gold Corporation went up and made this list of Friday's top materials stocks gainers.
Leading equity indices in the US declined as after dropping 1.11%, S&P 500 closed at 3,852.36. Dow Jones was down 0.85% before closing the session at 32,920.
Even though markets fell Friday, some materials stocks were bullish. Have a look at these Top Gainers from Friday's session:
+1.5%: Barrick Gold posts solid session with 1.5% gain; upside capped at $17.06
An influx of buyers helped the gold and copper miner to end the session higher around $16.9, while establishing a $16.55 to $17.06 session range Friday. Currently, the mining company has a market capitalization of $29.78 billion with an average daily volume of 19.17 million shares. So far in 2022, it has been outperforming the Nasdaq by 38.46%.
+5.75%: bullish mood lifts U.S. Steel to session high of $25.09
After closing Thursday at $23.64, U.S. Steel closed at $25 Friday after climbing to $25.09 and dropping back down. U.S. Steel has a market cap of $5.86 billion with an average daily trading volume of 7.44 million shares.
Chemours | +1.62% at $30.77
The US chemical company has fallen back around 32.4% over the past 6 months, from a notable high of $44.79. The company's market cap currently stands at $4.64 billion with an average daily volume of 1.20 million shares. Chemours's last revenue report was $1.78 billion with an EPS of $1.24.