See which stocks are the top losers amid today's bearish sentiment

Published: September 29 2022, 14:00 GMT+0

See which stocks are the top losers amid today's bearish sentiment

Entire watchlist portfolio currently in the red as markets fall

As the trading session gets underway, the leading indices were losing ground — S&P 500 trades at 3,644.82 after losing 2%. Dow Jones drawing back 1.6% to 29,200.

On the flip side, United States Initial Jobless Claims beat analyst expectations of 215,000 and the previous reading of 209,000 with new data of 193,000.

-11.05%: AutoNation tumbles to $100

AutoNation is down to $100, after ending yesterday at $112.43. Overall, a 11.05% loss or $12.43 today. AutoNation is currently trading with a market cap of $5.60 billion with an average daily trading volume of 937,448 shares. So far in 2022 it has been beating the Nasdaq by 41.84%.

-18.09%: Carvana Co. plunges to $22

Carvana Co. is down to $22, after ending yesterday at $26.87. Overall, a 18.09% loss or $4.87 today. The company's market cap is $3.91 billion with an average daily volume of 7.44 million shares. So far in 2022, it has been under-performing the Nasdaq by 45.53%.

Carmax tumbles to $67.15 after a disappointing performance report

Carmax is down to $67.15, after ending yesterday at $86.42. Overall, a 22.3% loss or $19.27 today. The company's market cap is $10.69 billion with an average daily volume of 1.49 million shares. So far in 2022, it has been doing worse than the S&P by 3%.

The company reported earnings of 0.79 per share today, falling short of expectations of 1.43. Revenue was also lower than expected at $8.1 billion versus $8.61 billion.

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