Recapping 3 large technology stocks with strong bullish sentiment Wednesday

Published: November 25 2022, 08:07 GMT+0

Recapping 3 large technology stocks with strong bullish sentiment Wednesday

NVIDIA, ASML Holding, Microsoft made Wednesday's list of top gainers.

Markets had an interesting day Wednesday; Nasdaq gained 0.99% and closed at 11,300. S&P 500 ended the session at 4,027.26 after a 0.59% gain.

Have a look at Wednesday's biggest gainers

Microsoft | +1.04% at $247.58

Microsoft continues a 4 day uptrend, gaining a total of 2.64%. Microsoft lived up to expectations Wednesday by maintaining its set course — the software giant went up to $247.58, gaining 1.04%.

Nvidia | +3% at $165.19

Nvidia is on a 3 day bullish run gaining $7.21 (7.85%). It was more of the same for Nvidia Wednesday — Nvidia spiked to $165.27 Wednesday and consolidated before initiating a fresh rally to $165.19. This comes following Tuesday's session in which it closed at $160.38.

ASML | +1.28% at $603.85

Having set a significant low of $379.13 a month ago, the chip-making equipment manufacturer is trading 57.26% higher. So far in 2022, it has been outperforming the Nasdaq by 16.18%. The company has a market cap of $239.85 billion with an average daily volume of 1.50 million shares. ASML expected revenue of $5.68 billion with an EPS of $3.96.

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