Market Performance
Progress Software Corporation (NASDAQ:PRGS) surged 5.2% in today's trading, closing at $46.00.
The Technology stock traded 428,291.96324 shares, below its average daily volume of 786,330 shares.
big mover upNASDAQ:PRGS
Progress Software Corporation (PRGS) Surges 5.2% on Heavy Volume
Progress Software Corporation (NASDAQ:PRGS) surged 5.2% in today's trading, closing at $46.00.
At publication ·
What changed
Progress Software Corporation (NASDAQ:PRGS) · big mover up
- Price at event
- $46.00
- Price change
- 5.22%
- Average volume to event volume
- 786.3K to 428.3K
- 52-week high
- $46.36
- 52-week low
- $23.82
At a glance
Key takeaways
- Progress Software (PRGS) stock surged 5.2% to close at $46.00, though trading volume of 428,292 shares fell below the average daily volume of 786,330 shares.
Company Overview
Progress Software Corporation has a market capitalization of $1.9B. The stock has traded year-to-date.
Sharp single-day moves like this rally in Progress Software Corporation are often driven by news catalysts — earnings surprises, analyst actions, sector developments, or broader market conditions. Investors should identify the specific driver before making trading decisions, as the sustainability of the move depends on whether the catalyst changes the fundamental outlook.
Progress Software Corporation currently trades at $46.00, positioning the stock at the 98th percentile of its 52-week range ($23.82 — $46.36). This range context helps investors assess whether the stock is trading near support, resistance, or fair value relative to its recent history.
Related Tools: View PRGS Stock Page
Frequently Asked Questions
What is causing PRGS's price movement?
Price movements can be driven by earnings, analyst actions, or sector trends. Check the latest on our PRGS news page.
What is PRGS's 52-week range?
See full price history and interactive charts on our PRGS chart page.