Top Stock Gainers and Losers for May 16, 2024
The stock market saw some significant movements in after-hours trading on Thursday, with several companies experiencing notable gains and losses.
Among the top gainers were Cyngn (NASDAQ:CYN), whose stock rose by 14.2% to $0.15, Strong Global (AMEX:SGE) which increased by 9.48% to $1.5, and WaveDancer (NASDAQ:WAVD) whose shares rose by 9.27% to $3.18. These companies all saw positive movement following recent earnings reports.
On the other hand, DXC Technology (NYSE:DXC) saw a significant decline of 20.3% to $15.84, while Brand Engagement Network (NASDAQ:BNAI) experienced a drop of 11.82% to $1.12. Ascent Solar Technologies (NASDAQ:ASTI) also saw a decline of 8.14% to $0.16.
Overall, the market showed a mix of gains and losses, with some companies benefiting from positive earnings reports while others faced challenges. Investors will be closely watching these developments as they make decisions about their portfolios.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.