CommScope Holding Company, Inc., N-able, Inc., NVIDIA made yesterday's list of top gainers.
Markets had an interesting day yesterday; Nasdaq ended the session at 11,600 after a 0.72% gain. S&P 500 gained 0.53% and closed at 4,012.32.
Uptick coincides with some positive signs published earlier as United States Crude Oil Inventories beat the 2 million projections, with 7.65 million.
Yesterday was an exciting day for markets with several stocks capitalising on the risk-on mood. Have a look at these Top Gainers:
Nvidia | Closed +14% at $236.64
Having closed Wednesday at $207.54, bullish sentiment helped NVIDIA to reach highs around $238.87 before paring gains and ending yesterday at $236.64.
Nvidia released its quarterly earnings report Wednesday, beating analysts estimates. The company reported earnings of 0.65 per share on revenue of $6 billion, topping estimates of 0.48 per share on revenue of $6 billion. Since the release of its earnings report, Nvidia gained 14.57%.
+14%: Bausch Health Companies ended yesterday at $9.85, a 14% increase
Pronounced bullish sentiment in the market helped the Canadian specialty pharmaceutical company to make a notable 14% gain yesterday, rising $1.21 and ultimately closing at $9.85. Bausch Health Companies is currently trading with a market cap of $3.58 billion with an average daily trading volume of 6.77 million shares. So far this year, it has been outperforming the Nasdaq by 59.95%.
+16.58%: CommScope Holding Company, Inc. posts solid session with 16.58% gain; upside capped at $8.7
The broadband enterprise business topped out at $8.7 having ended yesterday at $8.58. However, despite early momentum, the stock gave up its gains to now trade at $8.58. The broadband enterprise business's market cap currently stands at $1.79 billion with an average daily trading volume of 2.59 million shares.
N-able | Closed +15.11% at $11.81
After having closed Wednesday at $10.26, the IT service provider rallied above $11.89 yesterday, for the first time in 3 months — gaining $1.55 — and closed at $11.81. The IT service provider is now trading 13.12% below the significant high of $11.81 it set around a day ago. Currently, the IT service provider has a market capitalization of $2.13 billion with an average daily volume of 285,996 shares.