StoneCo Ltd., Ross Stores Inc, New Oriental Education & Technology Group Inc. made Friday's list of top gainers.
Leading equity indices in the US rose as Dow Jones gained 0.59% and closed at 33,746. S&P 500 closed the day at 3,965.34, having gained 0.48%.
Friday was an exciting day for markets and some mid cap and over stocks managed to make the most of it. Have a look at these top gainers.
Ross | +9.86% at $107.59
An influx of buyers helped the fashion retailer to end the session higher around $107.59, while establishing a $106.61 to $115.9 session range Friday. Daily trading volume (11.73 million shares) was above the current multiday average of 3.27 million.
Ross released its quarterly earnings report Thursday, beating analysts estimates. The company reported earnings of one per share on revenue of $4.57 billion, topping estimates of 0.81 per share on revenue of $4.37 billion. Since the release of its earnings report, Ross gained 11.49%.
StoneCo | +16.82% at $11.53
StoneCo is now trading 48.91% below the significant high of $19.32 it set around 10 months ago. So far in 2022, it has been under-performing the Nasdaq by 2.06%. The company has a market cap of $3.24 billion with an average daily trading volume of 6.57 million shares.
New Oriental Education & Technology | +9.78% at $29.08
2 days ago New Oriental Education & Technology reached a significant high of $29.08 but has consequently lost 8.91% since then. The Nasdaq has been doing worse in 2022, it has been passing it by 4,872.41%. New Oriental Education & Technology's market cap is currently $4.94 billion with an average daily volume of 2.87 million shares. New Oriental Education & Technology is forecasted to generate revenues of $675.13 million and EPS of 38 cents.
Foot Locker | +8.73% at $35.88
Pronounced bullish sentiment in the market helped Foot Locker to make a notable 8.73% gain Friday, rising $2.88 and ultimately closing at $35.88. Daily trading volume (15.47 million shares) increased, making up 500% of the 21-day average (3 million).