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Investors Business Daily
Investors Business Daily
Business
ED CARSON

3 Top S&P 500 Stock Market Gainers Today

Epam Systems, Align Technology and CarMax were the top three S&P 500 index gainers on the stock market today. Global Payments, Iron Mountain and Moody's were the S&P 500's biggest losers on Monday.

EPAM stock jumped 8.9% to 288.50, closing above its 50-day line for the first time in 2022. Epam Systems has been trading sideways for the past few weeks after falling sharply in January and crashing in February. The IT outsourcing firm had a lot of staff in Ukraine and Belarus when Russia invaded Ukraine.

ALGN stock climbed 6.5% to 308.88. Align Technology, maker of Invisalign, plunged to its lowest level since July 2020 following earnings last week.

KMX stock popped 6.25% to 91.16. CarMax stock rebounded after hitting its lowest level since late 2020 intraday Monday.

S&P 500 Losers

GPN plunged 9.2% to 124.36, a 2022 low and not far from December's two-year low. Global Payments earnings topped views early Monday, while revenue and revenue guidance were in line.

IRM stock tumbled 5.6% to 50.70, knifing below a 52.32 buy point and its 50-day moving average. Last week, the document storage and disposal specialist topped quarterly views.

MCO stock retreated 4.85% to 301.13. Moody's earnings were in line Monday morning, but the credit ratings agency cut its 2022 EPS target on weaker debt issuance.

Please follow Ed Carson on Twitter at @IBD_ECarson for stock market updates and more.

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