Today’s top US stocks: Bill.Com Holdings Inc (BILL ↑25.3%), Workday Inc. (WDAY ↑10.6%)
The best-performing stocks on the NYSE and Nasdaq today were Bill.Com Holdings Inc (BILL, up 25.3%) and Workday Inc (WDAY, up 10.6%).
Biggest movers in US markets Friday, Aug. 27, 2021
Bill.Com Holdings Inc (BILL) was the top gainer today.
Shares in the company rose 25.3% to $274.54.
“Bill.com’s rocket ride may seem puzzling at first blush, because the company missed earnings expectations – by a lot. Analysts expected Bill.com to lose $0.04 per share, but the company reported a $0.07 per-share loss for the fourth quarter, on a pro forma basis. But the company’s fourth-quarter core revenue spiked 86%. Sales climbed 51% for the year, meaning you might not want to dismiss BILL altogether. Just make sure you approach with caution,” said Sheri Bechtel, editor for Finder’s US Share Trading and Investing team.
Learn more about investing in Bill.Com Holdings Inc in Finder’s full guide.
Second place for market gainers went to Workday Inc (WDAY), a Nasdaq company.
It rose 10.6% to reach $272.82.
“Workday is another stock responding to earnings news today, and, in this case, it might be an indicator of longer-term strength,” said Bechtel. “Workday saw solid second-quarter results, reporting net income of $105.7 million, a massive win compared to the $28 million loss the company sustained during the same period a year ago.”
Find out more about investing in Workday Inc in Finder’s full guide.
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Here’s the full list of today’s 10 biggest gainers.
|Bill.Com Holdings Inc (BILL)||$274.54||25.3%|
|Workday Inc (WDAY)||$272.82||10.6%|
|Ubiquiti Inc (UI)||$324.20||7.9%|
|Occidental Petroleum Corp (OXY)||$25.61||6.7%|
|Biomarin Pharmaceutical Inc (BMRN)||$83.97||6.5%|
|Coupa Software Inc (COUP)||$241.65||6.4%|
|Intellia Therapeutics Inc. (NTLA)||$163.80||6.0%|
|Freeport-Mcmoran Inc (FCX)||$36.56||5.8%|
|Teck Resources Ltd (TECK)||$22.97||5.6%|
|D/B/A Sibanye-Stillwater Ltd (SBSW)||$16.19||5.1%|
Market movers Friday, Aug. 27, 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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