Against the current: Markets are down, yet Western Alliance Bancorporation, Intuitive Surgical, BridgeBio Pharma, Inc. go up and make this list of top gainers.
The leading indices are slipping — Nasdaq drawing back 0.69% to 12,069. S&P 500 trades at 4,137.37 after losing 0.42%.
While price action maintains a negative bias, United States Building Permits (Mar) released yesterday at 12:30 UTC with a figure of 1.41 million, while the previous figure was 1.55 million.
Markets are falling this session, but some stocks are registering gains. Take a look at today's positive market movers.
Intuitive Surgical | +9.64% to start today's session
Intuitive Surgical hit a significant low of $183.06 around 6 months ago, but has since recovered 47.1%. So far this year, it has been under-performing the Nasdaq by 13.16%. The robotic surgery systems manufacturer's market cap currently stands at $103.41 billion with an average daily trading volume of 1.54 million shares.
Western Alliance Bancorporation | +19.69% to start today's session
The US bank is now trading 48.51% below its 3-month high of $86.24. So far this year, it has been doing worse than the Nasdaq by 59%. The company has a market cap of $4.27 billion with an average daily volume of 7.87 million shares.
+8.12%: BridgeBio Pharma is up 8.12%, trades at $16.38
After closing the previous trading day at $15.15, BridgeBio Pharma is up to $16.38, which makes for a move of 8.12%/$1.23 today. The company is currently trading with a market cap of $2.62 billion with an average daily volume of 3 million shares. So far this year, it has performed better than the Nasdaq by 96.77%.
PacWest Bancorp | +7.23% to start today's session
After closing the previous trading day at $10.09, PacWest Bancorp is up to $10.82, which makes for a move of 7.23%/73 cents today.
PacWest Bancorp is scheduled to announce earnings results Tuesday. The consensus EPS estimate is 0.65 and the consensus revenue estimate is $318.9 million.