Today’s top US stocks: Asana Inc (ASAN ↑12.8%), Credit Acceptance Corp (CACC ↑11.6%)
The best-performing companies today were Asana Inc (ASAN, up 12.8%) and Credit Acceptance Corp (CACC, up 11.6%).
The Dow Jones Industrial Average wrapped the session on a strong note, gaining 131.29 to end at 35,443.82 and the Nasdaq edged up 21.80 to close at 15,331.18. The S&P 500 also saw gains on the day, closing up 12.86 at 4,536.95.
Largest gains in US markets Thursday, Sept. 2, 2021
Asana Inc. (ASAN) was the largest gainer today.
Shares in the company rose 12.8% to $87.20.
“It’s earnings season, and Asana is getting some love due to some solid second-quarter results,” said Sheri Bechtel, editor for Finder’s share trading and investing team. “Revenue climbed 72% year over year, and that’s impressive. Asana, which develops software to help teams get organized and prioritize, has seen strong demand from companies looking to streamline their workflows, something to company says was in high demand even before COVID-19 led to work-from-home orders.”
Learn more about investing in Asana Inc. in Finder’s full guide.
Another strong performer was Credit Acceptance Corp (CACC), a company that trades on the Nasdaq.
It rose 11.6% to reach $659.14.
“CACC saw its stock spike midday when the company announced it reached a settlement with Massachusetts,” said Bechtel. “The subprime auto lender agreed to pay $27.2 million into a trust after Massachusetts’s attorney general called into question some of the company’s lending practices. Although the company contested these allegations, it looks like their decision to settle and move on was the right one – at least for its stock.”
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These were the 10 biggest gainers today:
|Asana Inc (ASAN)||$87.20||12.8%|
|Credit Acceptance Corp (CACC)||$659.14||11.6%|
|Quanta Services Inc (PWR)||$112.04||10.1%|
|Huaneng Power Intl (HNP)||$21.00||7.9%|
|Albertsons Companies Inc (ACI)||$32.43||7.5%|
|Spotify Technology SA (SPOT)||$254.82||6.9%|
|Occidental Petroleum Corp (OXY)||$26.79||6.8%|
|Upstart Holdings Inc (UPST)||$242.19||6.8%|
|Devon Energy Corp (DVN)||$29.77||5.4%|
|Match Group Inc (MTCH)||$146.03||5.3%|
Market movers Thursday, Sept. 2, 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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