Discover the 3 stocks laggards nursing the biggest losses from yesterday

Published: May 27 2023, 03:07 GMT+0

Discover the 3 stocks laggards nursing the biggest losses from yesterday

Markets closed higher yet Tilray, Inc., HEXO Corp., Cresco Labs Inc. top this unflattering list of yesterday's losers

A review of what happened yesterday: markets closed higher yesterday; Nasdaq closed the day at 12,976, having gained 2.19%. S&P 500 ended the session at 4,205.45 after a 1.3% gain.

Today's rally takes place amid mixed market indicators — United States Core Durable Goods Orders published yesterday at 12:30 UTC came out at -0.2%, falling short of the 0% projections and continuing its decline from the previous 0.3% figure.

Despite yesterday's market climb several healthcare stocks suffered losses. Take a look at the market's Top Losers.

HEXO Corp. | -12.82% at $1.02

HEXO Corp.'s bearish run has lasted 8 days so far (-27 cents). Yesterday's session continued the recent downtrend: after ending Thursday at $1.17, HEXO Corp. declined to 98 cents yesterday before closing at $1.02, thereby losing 12.82% in total.

Tilray | Closed down 21.19% at $1.86 yesterday

Tilray's bearish run has lasted 5 days so far (-17 cents). More of the same from yesterday's session: early in yesterday's session, Tilray dropped to $1.82 from $2.36 at the end of Thursday, before closing at $1.86. During the session, it lost 21.19%.

Cresco Labs | -9.09% at $1.7

Cresco Labs's bearish run has lasted 3 days so far (-2 cents). More of the same from yesterday's session: after ending Thursday at $1.87, Cresco Labs dropped to $1.7 early in yesterday's session and closed at $1.7. In total, it lost 9.09%.

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