Today’s top U.S. stocks: Argenx Se ADRs (ARGX ↑10.2%), EPAM Systems Inc. (EPAM ↑7.4%)
See the 10 biggest gainers on the New York Stock Exchange and Nasdaq on May 05, 2022
The best performing companies in trading today were Argenx Se ADRs (ARGX, up 10.2%) and EPAM Systems Inc. (EPAM, up 7.4%).
Overall the market plunged amid fear of inflation and a possible recession after the Fed hike interest rates a day earlier. The Dow lost more than 1,000 points and the Nasdaq dropped 5%, the worst day for both since 2020.
Standout performers in U.S. markets Thursday, May 05, 2022
Argenx Se ADRs (ARGX) was the standout gainer today.
Shares in the company rose 10.2% to $322.94.
“The company soared after reporting strong sales of a new drug used to treat myasthenia gravis,” Finder Finance News Editor Ron Prichard said.
Learn more about investing in Argenx Se ADRs in Finder’s full guide.
Second place for market gainers went to EPAM Systems Inc. (EPAM), the NYSE company.
It rose 7.4% to reach $335.66.
“EPAM reported strong quarterly results, having weathered problems related to a large presence in Russia and Ukraine,” Prichard said.
Find out more about investing in Epam Systems Inc. in Finder’s full guide.
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These were the 10 biggest gainers today:
| Stock | Price | % change |
|---|---|---|
| Argenx Se ADRs (ARGX) | $322.94 | 10.2% |
| EPAM Systems Inc. (EPAM) | $335.66 | 7.4% |
| Booking Holdings Inc. (BKNG) | $2209.14 | 5.0% |
| Albemarle Corporation (ALB) | $224.44 | 4.2% |
| Kellogg Company (K) | $70.49 | 3.9% |
| Twitter Inc. (TWTR) | $50.62 | 3.2% |
| Beigene Ltd. ADRs (BGNE) | $167.58 | 2.8% |
| Charter Communications Inc. (CHTR) | $457.41 | 2.0% |
| Westrock Company (WRK) | $53.70 | 1.8% |
| Apollo Global Management Inc. (APO) | $54.52 | 1.6% |
Market movers Thursday, May 05, 2022
Each weekday we round up the biggest gainers on the NYSE and Nasdaq, ranked by price percentage from market open to market close. To avoid higher price volatility we only include stocks with market caps of more than $10 billion. Price changes are calculated from the open to the close on the trading day, but these prices may be subject to minor variation depending on data availability.
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