Most markets are higher this morning as risk-on sentiment dominates: Five9, Inc., SolarEdge Technologies, Inc., Oak Street Health, Inc. are showing impressive gains as we move into the afternoon trading session.
The leading indices are pointing up — Dow Jones up 1.51%, trading at 33,322. S&P 500 goes up 1.3%, trading at 3,856.38.
Here are the biggest mid cap and over stocks gainers so far today.
Five9 | +18.64% in mid-session
Five9 has shed 59.78% over the past three months. So far in 2022, it has been under-performing the Nasdaq by 16.3%. The company’s market cap is $3.91 billion with an average daily trading volume of 2 million shares.
Five9 released its quarterly earnings report yesterday, beating analysts estimates. The company reported earnings of 0.39 per share on revenue of $198.34 million, topping estimates of 0.35 per share on revenue of $195.1 million. Since the release of its earnings report, Five9 gained 12.19%.
Oak Street Health | +15.91% in mid-session
After closing yesterday at $18.67, Oak Street Health went up to $22.05 only to drop back some of the way, and is now trading at $21.64. Current trading volume stands at 1.65 million; 111% slightly greater than the 21-day average of 1.48 million.
Oak Street Health trades at $21.64 ahead of quarterly performance report which is scheduled to be released today.
Planet Fitness | +12.12% in mid-session
After closing yesterday at $61.63, Planet Fitness went up to $69.56 only to drop back some of the way, and is now trading at $69.1. As things stand, trading volume is at 1.78 million, above the 21-day average of 868,133.
The company trades at $69.1 ahead of quarterly performance report which is scheduled to be released today.
SolarEdge Technologies | +18% in mid-session
Following yesterday’s session which closed at $211.3, SolarEdge Technologies went up to $253.72 today only to drop back and trade at $249.34. The trading volume is at 1.97 million, 166% above the 21-day average of 1.18 million.