Against the current: Markets are down, yet Sunrun Inc., 10x Genomics, Inc., Etsy, Inc. go up and make this list of top gainers.
The leading indices are dropping — Nasdaq trades at 10,400 after losing 1.04%. S&P 500 drawing back 0.54% to 3,739.41.
Amid the market gloom, United States ISM Non-Manufacturing PMI (Oct) came out at 54.4, while a consensus of analysts was expecting 55.5.
Markets are falling this session, but some mid cap and over stocks are registering gains. Take a look at today's positive market movers.
Etsy | +15.58% in mid-session
Etsy reached a significant high of $296.91 around 11 months ago but has lost 70.52% since then. So far in 2022, it has been doing worse than the Nasdaq by 7.87%. The company has a market cap of $12.81 billion with an average daily volume of 3.41 million shares.
Etsy released its quarterly earnings report yesterday, beating analysts estimates. The company reported earnings of 0.62 per share on revenue of $594.47 million, topping estimates of 0.37 per share on revenue of $564.49 million. Since the release of its earnings report, Etsy gained 10.66%.
Sunrun | +16.87% in mid-session
Despite closing yesterday at $21.66 and then climbing as high as $26.43 today, Sunrun has given up a sizeable portion of its gains to now trade at $25.32.
Sunrun released its quarterly earnings report yesterday, beating analysts estimates. The company reported earnings of 0.11 per share on revenue of $631.91 million, topping estimates of -0.01 per share on revenue of $565 million. Since the release of its earnings report, Sunrun gained 12.19%.
10x Genomics | +15.97% in mid-session
Following yesterday's session which closed at $26.92, 10x Genomics went up to $32.65 today only to drop back and trade at $31.22.
10x Genomics released its quarterly earnings report yesterday, beating analysts estimates. The company reported earnings of -0.37 per share on revenue of $131 million, topping estimates of -0.46 per share on revenue of $129.58 million. Since the release of its earnings report, 10x Genomics gained 10.63%.
Under Armour | +12.32% in mid-session
Despite closing yesterday at $7.1 and then climbing as high as $8.31 today, Under Armour has given up a sizeable portion of its gains to now trade at $7.97. As things stand, trading volume is at 11 million, above the 21-day average of 8.95 million.
Under Armour is scheduled to announce earnings results today. The consensus Earnings Per Share estimate is 0.16 and the consensus revenue estimate is $1.55 billion.