Today’s top U.S. stocks: Mechel Pao ADRs (MTL- ↑11.9%), United Microelectronics Corp. (UMC ↑7.2%)

Posted: 1 December 2021 4:59 pm
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See the 10 biggest gainers on the New York Stock Exchange and Nasdaq on Dec. 01, 2021

The best performing companies today were Mechel Pao ADRs (MTL-, up 11.9%) and United Microelectronics Corporation (New) (UMC, up 7.2%).

Overall the markets continued to struggle, with the Dow down 1.3% and the Nasdaq Composite surrendering 1.8%.

Biggest changes in U.S. markets Wednesday, Dec. 01, 2021

Mechel Pao ADRs (MTL-) was the dominant gainer today.

Shares in the company rose 11.9% to $1.79.

“There was no big news to drive MTL, but it was an up day for a lot of basic materials stocks,” said Finder’s Investments Publisher Ron Prichard.[/fin_hide]

The second-best mover was United Microelectronics Corporation (UMC), a semiconductor manufacturer.

It rose 7.2% to reach $12.47.

“With a global chip shortage at the moment, semiconductor stocks should see growth,” said Finder’s Prichard.

Find out more about investing in United Microelectronics Corporation in Finder’s full guide.

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Here’s a fuller list of the biggest gainers on the market so far today.

StockPrice% change
Mechel Pao ADRs (MTL-)$1.7911.9%
United Microelectronics Corporation (New) (UMC)$12.477.2%
Sasol Ltd. ADRs (SSL)$17.396.8%
Xp Inc. (XP)$30.536.5%
Posco (PKX)$58.716.4%
Signature Bank (SBNY)$321.536.4%
Snap Inc. (SNAP)$50.536.1%
Suzano S.A. ADRs (SUZ)$10.566.0%
On Semiconductor Corporation (ON)$65.055.9%
Microchip Technology Incorporated (MCHP)$88.125.6%

Market movers Wednesday, Dec. 01, 2021

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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