Open Text Corporation is showing notable market movement today, up 1.2%, or roughly $126.4 million gain.
The company has made notable gains in 9 of the last 31 trading sessions, with 3 of those days occurring consecutively from Apr 05-09.
Open Text holds a market capitalization of $11 billion and represents 1.2% of the $921.5 billion NASDAQ/NYSE application-software industry.
The industry overall is down today by -1.4%, which translates to a negative move of roughly $-12.8 billion. The industry losses are led by salesforce.com, inc., down -2.47%. salesforce.com inc. represents 13.6% of the industry, with a market capitalization of $125.1 billion.
Historically, the average daily return for the industry in week #19 has been 0.07%, while the mode daily return is -0.01%.
With a 42stocks weight of 227.7, Open Text ranks #781 against 4658 symbols tracked, and #30 of 92 within the industry. A lower rank is more favorable, while a lower weight is less favorable.