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The tech market is taking its revenge after a few tumultuous sessions, Snap (+8.70%), Netflix (+7.65%) and AMD (+9.26%)

Alex Lowe by Alex Lowe
May 14, 2022
in Special, US Stocks
0

Home » The tech market is taking its revenge after a few tumultuous sessions, Snap (+8.70%), Netflix (+7.65%) and AMD (+9.26%)

This Friday saw again some enthusiasm on the markets. All major indices have been positive in a sharp increase. More in detail: S&P rose 2.4%, NASDAQ +3.8%, and Dow Jones Industrial Average gained +1.5%.

The tech market is taking its revenge after a few tumultuous sessions which saw the price of the stocks going down. Ended in green almost all the big exception made for Twitter: Amazon (+5.73%), Meta (+3.86%), Snap (+8.70%), and Netflix (+7.65%), AMD (+9.26%), Google (+2.96%), Microsoft (+2.26%), Paypal (+6.11%) and Twitter -9.67%.

The two giants of smart mobility finished the week dressed in green: LYFT surged by +7.58%, and Uber Technologies gained +4.72%.

The energy sector again on the rise: BP reported a +2.97%, Baker Hughes (+6.89%), APA(+8.20%), Devon Energy Corporation (+6.33%) Schlumberger NV (+4.38%), Halliburton (+4.46%).

The financial sector took part in the optimistic day. Signature Bank and Citigroup recovered the loss of the latest days signing respectively a +6.35% and +2.32%. All the others followed: Visa (+2.71%) and American Express (+3.58%). The other players in the banking industry performed quite well: JPMorgan Chase (+0.89%), and Morgan Stanley (+2.48%). The only one in red is Goldman Sachs which slipped -0.71%.

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The air-travel companies as well performed positively: Boeing gained around +3.30%, United Airlines stock (+4.27%), Alaska Air Group (+3.45%), and American Airlines (+7.04%).

Most traded stocks:

  • AMD  8.06% 95.04M
  • Apple  2.13% 75.02M
  • Twitter Inc  -9.54% 72.19M
  • NVIDIA  8.27% 47.11M
  • Tesla  5.28% 23.44M

Top Gainers of US Stocks

  • ShiftPixy  180.86%
  • View  52.29%
  • Epiphany Technology Acquisition  50.55%
  • Polarityte  41.50%
  • Inotiv  40.38%

Top Losers of US Stocks

  • Jupai Holdings Ltd  -46.64%
  • LiqTech  -46.44%
  • Brilliant Earth  -31.63%
  • Tenon Medical  -26.24%
  • Figs  -25.80%

Alex Lowe

Alex Lowe

Alex is a financial writer covering forex. He is a expert financial journalist whose credits include Bloomberg, FT of London, Chicago Tribune. Contact: [email protected]

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Stock Market chart on mobile

European Stocks in positive session, Europe Stoxx 600 surged by +2.14% and DAX +1.37%

Asia & Pacific Stocks

Hang Seng sharp increase +2.67%, Nifty 50 +0.36% and Nikkei 225 +2.64%

EURONEXT Market Zoom

Major indexes signed a 1.78% variation, NASDAQ + 2.78%, CAC 40 +2.52% and S&P/TSX +1.70%

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