{"id":10908,"date":"2022-04-21T15:48:37","date_gmt":"2022-04-21T12:48:37","guid":{"rendered":"https:\/\/www.robomarkets.com\/blog\/?p=10908"},"modified":"2023-08-11T14:38:05","modified_gmt":"2023-08-11T11:38:05","slug":"technology-top-5-stocks-growing-highest-over-april","status":"publish","type":"post","link":"https:\/\/www.robomarkets.com.cy\/blog\/stock-market\/top-stocks\/technology-top-5-stocks-growing-highest-over-april\/","title":{"rendered":"Technology: Top 5 Highest Growing Stocks in April"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<html><body><p>Since the beginning of April, the <a href=\"https:\/\/www.robomarkets.com.cy\/forex-trading\/assets\/stocks\/\" data-internallinksmanager029f6b8e52c=\"22\" title=\"stocks trading\">shares<\/a> of tech companies have shown remarkable growth. The Top 5 list of the companies whose shares recorded more growth than others over the last 18 days features the Datto Holding Corp, Sail point Technologies Holdings Inc., Twitter Inc., Black Knight Inc., and Sprinklr Inc.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Selection_criteria\"><\/span><a><\/a>Selection criteria<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><span style=\"color: initial\">Sector &ndash; technology<\/span><\/li>\n\n\n\n<li>Stocks trade on NASDAQ and NYSE<\/li>\n\n\n\n<li><a href=\"https:\/\/www.robomarkets.com.cy\/blog\/education\/calculating-stock-price-detailed-how-to\/\" data-internallinksmanager029f6b8e52c=\"110\" title=\"Stock Price\">Stock price<\/a> chart over $2<\/li>\n\n\n\n<li>Companies are not funds<\/li>\n\n\n\n<li>Average trade volume statistics over the last 30 days &ndash; more than 750,000 shares<\/li>\n<\/ul>\n\n\n\n<p>Growth was expressed in percentage as the difference between the closing price on 31 March and the closing price on 18 April 2022. The market capitalisation of each company is relevant to the time when the article was being prepared.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1_Datto_Holding_%E2%80%94_298\"><\/span><a><\/a>1. Datto Holding &mdash; 29.8%<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Year of establishment: 2007<br>Registration: US<br>Headquarters: Norwalk, Connecticut<br>Exchange: NYSE<br>Market capitalisation: $5.7 billion<\/p>\n\n\n\n<p>Until 2020, Datto Holding used to be called Merritt Topco. The company develops cloud computation and cyber safety software for small and medium businesses. Over one million enterprises worldwide use Datto's technical solutions.<\/p>\n\n\n\n<p>Over the first fortnight of April, the share prices of Datto Holding Corp (NYSE: MSP) recorded a 29.79% rise from $26.72 to $34.68. This is mainly attributed to the news that Kaseya Ltd was buying Datto Holding for $6.2 billion.<\/p>\n\n\n\n<p>On 11 April, the shares of Datto Holding Corp reacted to the news about the acquisition with a 20.65% surge to $34.65. This has been the largest daily growth of the quotes since the beginning of 2022. The share price keeps rising, renewing the highs.<\/p>\n\n\n<div class=\"content-sidebar\"><rg-instrument theme=\"blue\" symbol=\"MSP\"><\/rg-instrument><\/div>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/04\/MSP-D1.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1797\" height=\"828\" src=\"https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/04\/MSP-D1-1797x828.png\" alt=\"Share price charts of Datto Holding\" class=\"wp-image-10909\" srcset=\"https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/04\/MSP-D1-1797x828.png 1797w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/04\/MSP-D1-360x166.png 360w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/04\/MSP-D1-768x354.png 768w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/04\/MSP-D1-1536x708.png 1536w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/04\/MSP-D1-150x69.png 150w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/04\/MSP-D1.png 1836w\" sizes=\"(max-width: 1797px) 100vw, 1797px\" \/><\/a><figcaption class=\"wp-element-caption\">Past performance is not a reliable indicator of future results or future performance.<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2_Sailpoint_Technologies_%E2%80%94_258\"><\/span>2. Sailpoint Technologies &mdash; 25.8%<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Year of establishment: 2004<br>Registration: US<br>Headquarters: Austin, Texas<br>Exchange: NYSE<br>Market capitalisation: $6.1 billion<\/p>\n\n\n\n<p>SailPoint Technologies represents the market for cyber safety. The company has developed an innovative platform that optimises system processes of corporate data protection via artificial intelligence (AI) and machine learning.<\/p>\n\n\n\n<p>Over the first fortnight of April, the share prices of SailPoint Technologies Holdings Inc. (NYSE: SAIL) saw a 25.83% rise from $51.18 to $64.4. This skyrocketing growth is the consequence of the news that a private investment company, Thoma Bravo, was buying SailPoint Technologies for $6.12 billion.<\/p>\n\n\n\n<p>The acquisition was announced on 11 April, and on the same day, SailPoint Technologies shares closed the <a href=\"https:\/\/www.robomarkets.com.cy\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"stock broker\">trading<\/a> session with a 29.16% price increase to $64.05. The <a href=\"https:\/\/www.robomarkets.com.cy\/beginners\/info\/charts\/stocks\/\" data-internallinksmanager029f6b8e52c=\"12\" title=\"stock quotes\">stock quotes<\/a> are currently going flat after a gap.<\/p>\n\n\n<div class=\"content-sidebar\"><rg-instrument theme=\"blue\" symbol=\"SAIL\"><\/rg-instrument><\/div>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/04\/SAIL-D1.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1797\" height=\"828\" src=\"https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/04\/SAIL-D1-1797x828.png\" alt=\"Share price charts of Sailpoint Technologies\" class=\"wp-image-10910\" srcset=\"https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/04\/SAIL-D1-1797x828.png 1797w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/04\/SAIL-D1-360x166.png 360w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/04\/SAIL-D1-768x354.png 768w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/04\/SAIL-D1-1536x708.png 1536w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/04\/SAIL-D1-150x69.png 150w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/04\/SAIL-D1.png 1838w\" sizes=\"(max-width: 1797px) 100vw, 1797px\" \/><\/a><figcaption class=\"wp-element-caption\">Past performance is not a reliable indicator of future results or future performance.<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3_Twitter_%E2%80%94_252\"><\/span>3. Twitter &mdash; 25.2%<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Year of establishment: 2006<br>Registration: US<br>Headquarters: San Francisco, California<br>Exchange: NYSE<br>Market capitalisation: $36.9 billion<\/p>\n\n\n\n<p>The growth of Twitter Inc. shares (NYSE: TWTR), which owns the popular social networking system of the same name, is to a certain extent caused by Elon Musk, <a href=\"https:\/\/www.robomarkets.com.cy\/beginners\/info\/charts\/stocks\/TSLA\/\" data-internallinksmanager029f6b8e52c=\"77\" title=\"Tesla Inc\">Tesla<\/a>'s CEO who has recently taken a stake in Twitter. Since the beginning of April, Twitter share prices have risen 25.23% from $38.69 to $48.45.<\/p>\n\n\n\n<p>On 4 April, the rumour spread about Elon Musk becoming the largest shareholder of Twitter after purchasing 9.2% of its shares for $2.89 billion. This news sent the share price up 27.12% to $49.97.<\/p>\n\n\n\n<p>On 18 April, it was heard that investment company Apollo Global Management was considering the opportunity of collaborating with Musk or any other interested parties to suggest a Twitter acquisition.<br>Subsequently, the stock quotes of the social network leaped up 7.48% to $48.45. They are currently correcting in an attempt to cover the gap that formed following the news.<\/p>\n\n\n<div class=\"content-sidebar\"><rg-instrument theme=\"blue\" symbol=\"TWTR\"><\/rg-instrument><\/div>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/04\/TWTR-D1.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1799\" height=\"828\" src=\"https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/04\/TWTR-D1-1799x828.png\" alt=\"Share price charts of Twitter\" class=\"wp-image-10911\" srcset=\"https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/04\/TWTR-D1-1799x828.png 1799w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/04\/TWTR-D1-360x166.png 360w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/04\/TWTR-D1-768x353.png 768w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/04\/TWTR-D1-1536x707.png 1536w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/04\/TWTR-D1-150x69.png 150w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/04\/TWTR-D1.png 1838w\" sizes=\"(max-width: 1799px) 100vw, 1799px\" \/><\/a><figcaption class=\"wp-element-caption\">Past performance is not a reliable indicator of future results or future performance.<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4_Black_Knight_%E2%80%94_146\"><\/span>4. Black Knight &mdash; 14.6%<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Year of establishment: 2013<br>Registration: US<br>Headquarters: Jacksonville, Florida<br>Exchange: NYSE<br>Market capitalisation: $10.4 billion<\/p>\n\n\n\n<p>Until 2017, the company used to be called Black Knight Financial Services. It is the leading supplier of innovative high-performance software, alongside data and analytics for mortgaging.<\/p>\n\n\n\n<p>Over the first half of April, the share price of Black Knight Inc. (NYSE: BKI) recorded a 14.64% rise from $57.99 to $66.48. The stock quotes headed upwards after it was heard that the company was signing a contract with Ruoff Mortgage.<\/p>\n\n\n\n<p>On 5 April, a press release announced that Ruoff Mortgage would switch to Black Knight software. The company will use its cloud solutions for client service, a complex credit maintenance system, and instruments for analysis.<\/p>\n\n\n\n<p>On the same day, Black Knight shares closed with a price increase of 11.81% to $66.27. The stock quotes are currently correcting.<\/p>\n\n\n<div class=\"content-sidebar\"><rg-instrument theme=\"blue\" symbol=\"BKI\"><\/rg-instrument><\/div>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/04\/BKI-D1.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1800\" height=\"828\" src=\"https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/04\/BKI-D1-1800x828.png\" alt=\"Share price charts of Black Knight\" class=\"wp-image-10912\" srcset=\"https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/04\/BKI-D1-1800x828.png 1800w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/04\/BKI-D1-360x166.png 360w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/04\/BKI-D1-768x353.png 768w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/04\/BKI-D1-1536x706.png 1536w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/04\/BKI-D1-150x69.png 150w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/04\/BKI-D1.png 1835w\" sizes=\"(max-width: 1800px) 100vw, 1800px\" \/><\/a><figcaption class=\"wp-element-caption\">Past performance is not a reliable indicator of future results or future performance.<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5_Sprinklr_%E2%80%94_128\"><\/span>5. Sprinklr &mdash; 12.8%<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Year of establishment: 2009<br>Registration: US<br>Headquarters: New York<br>Exchange: NYSE<br>Market capitalisation: $3.5 billion<\/p>\n\n\n\n<p>Sprinklr is a developer and supplier of software for systematising and optimising all processes of efficient interaction with clients.<\/p>\n\n\n\n<p>Over the first 18 days of April, the share price of Sprinklr Inc. (NYSE: CXM) saw a 12.77% rise from $11.90 to $13.42. This growth was recorded following the quarterly reports for Q4 and the whole of financial 2022.<\/p>\n\n\n\n<p>On 6 April, the company reported that its total quarterly revenue had increased 30% to $135.7 million, and the revenue from selling subscriptions had grown 31% to $117.7 million. On the next day, the shares surged 21.16% to $13.8.<\/p>\n\n\n<div class=\"content-sidebar\"><rg-instrument theme=\"blue\" symbol=\"CXM\"><\/rg-instrument><\/div>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/04\/CXM-D1.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1803\" height=\"828\" src=\"https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/04\/CXM-D1-1803x828.png\" alt=\"Share price charts of Sprinklr\" class=\"wp-image-10913\" srcset=\"https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/04\/CXM-D1-1803x828.png 1803w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/04\/CXM-D1-360x165.png 360w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/04\/CXM-D1-768x353.png 768w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/04\/CXM-D1-1536x705.png 1536w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/04\/CXM-D1-150x69.png 150w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/04\/CXM-D1.png 1836w\" sizes=\"(max-width: 1803px) 100vw, 1803px\" \/><\/a><figcaption class=\"wp-element-caption\">Past performance is not a reliable indicator of future results or future performance.<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_impacted_the_growth_of_tech_stocks\"><\/span>What impacted the growth of tech stocks?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In the first half of April, the most prominent share price rise was demonstrated by such companies as Datto Holding Corp, SailPoint Technologies Holdings Inc., Twitter Inc., Black Knight Inc., and Sprinklr Inc.<\/p>\n\n\n\n<p>Datto Holding and SailPoint Technologies, which work in cyber safety, reported acquisition by Kaseya and Thoma Bravo, respectively. The acquisition of companies from the tech sphere has grown in popularity. Technology companies have become attractive following the mass switching to remote work and learning during the COVID-19 pandemic, and the surge in the number of cyberattacks due to the military action in Ukraine.<\/p>\n\n\n\n<p>The shares of Twitter are rising following the rumours about the sale of the company. The shares of Black Knight aimed upwards after it acquired a new large client &ndash; Ruoff Mortgage. As for the Sprinklr quotes, their rise was the result of successful quarterly and yearly financial reporting.<\/p>\n\n\n\n<p class=\"wp-block-button aligncenter\">\n<a class=\"button button-green js-risk-warning\" href=\"https:\/\/my.robomarkets.com\/en\/register\/\" rel=\"nofollow\">Open Trading Account<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\">\n\n\n\n<p><em>This material and the information contained therein are for informational purposes only and should in no way be construed as providing investment advice for the purposes of the Investment Companies Act 87 (I) 2017 of the Republic of Cyprus, or any other form of personal advice or recommendation relating to certain types of transactions in certain types of financial instruments.<\/em><\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"<p>Top 5 tech companies with the most prominent share price growth: Datto Holding, Sailpoint, Twitter, Black Knight, and Sprinklr. The article describes how much the shares have grown and why.<\/p>\n","protected":false},"author":58,"featured_media":10914,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1986,1989],"tags":[2301,2299,2298,2300,2198],"class_list":["post-10908","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock-market","category-top-stocks","tag-black-knight-inc","tag-datto-holding-corp","tag-sailpoint-technologies-holdings-inc","tag-sprinklr-inc","tag-twitter-inc"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Technology: Top 5 Highest Growing Stocks in April | RoboMarkets Blog<\/title>\n<meta name=\"description\" content=\"Top 5 tech companies with the most prominent share price growth: Datto Holding, Sailpoint, Twitter, Black Knight, and Sprinklr. 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