Introducing the 3 weakest stocks in today's bullish market

Published: May 26 2023, 19:07 GMT+0

Introducing the 3 weakest stocks in today's bullish market

Towards the end of the trading session, markets are still higher while Everest declines 2.07% to top this list of worst performing financial_services stocks

As the current session nears its end, the leading indices are showing gains — Nasdaq goes up 2.3%, trading at 13,000. S&P 500 up to 4,210.63, gaining 1.43%.

Today's rally takes place amid mixed market indicators — following a previous reading of 0.3%, Core Durable Goods Orders in United States released today at 12:30 UTC fell short of the 0% figure expected by analysts with an actual reading of -0.2%.

Despite the markets climbing yesterday, some financial_services stocks are currently down. Take a look at the Top Losers:

-2.07%: Everest Re is around $352.51 after losing 2.07%

More of the same today: Everest Re Group Ltd falls $7.44 as trading session draws to a close around the $352.51 level. Currently, the Bermuda insurance company has a market capitalization of $15.30 billion with an average daily volume of 514,100 shares. So far this year, it has been doing worse than the S&P 500 by 0.89%.

Allstate | –1.42%; session high: $111.16 session low: $108.63

While on a 7 day slump, falling a total of 8%, Similar trend today: the US insurance company ended yesterday at $111.04 and dropped 1.42% today as it reaches the end of the current session.

Marathon Digital Holdings, Inc. | –1.59%; session high: $9.69 session low: $8.85

The stock has been trending positively for about 2 months. The digital asset technology company's market cap currently stands at $1.50 billion with an average daily trading volume of 30.87 million shares. Marathon Digital Holdings, Inc. expected revenue of $49.25 million with an EPS of -3 cents.