The following 3 stocks fared the worst amid Friday's decline

Published: September 18 2022, 17:00 GMT+0

The following 3 stocks fared the worst amid Friday's decline

Markets closed lower, with FedEx Corp, NCR Corporation, Inspira Technologies Oxy B.H.N. Ltd. making Friday's list of top losers.

A quick update: leading equity indices in the US declined as S&P 500 lost 0.72% and ended the session at 3,873.33. Nasdaq closed at 11,448, a 0.9% change.

-21.4%: risk-off mood drags FedEx 21.4% lower

Friday's session continued down the same path: after ending Thursday at $204.87, FedEx Corp fell down to $155 Friday and closed at $161.02 — losing 21.4% of its value. The company's market cap is $41.85 billion with an average daily trading volume of 3.17 million shares. So far in 2022, it has been doing worse than the S&P 500 by 8.59%.

FedEx is scheduled to announce earnings results Thursday. The consensus EPS estimate is 5.17 and the consensus revenue estimate is $23.62 billion.

-14.2%: Inspira Technologies Oxy lost 14.2% during Friday's session; goes up in pre-market trading (+17.93% to $1.71)

Friday's session continued the recent downtrend: early in Friday's session, Inspira Technologies Oxy dropped to $1.45 from $1.69 at the end of Thursday, before closing at $1.45. During the session, it lost 14.2%.
The company has a market cap of $15.44 million with an average daily volume of 61,955 shares.

Friday's fall added to a 5 day bearish run, during which NCR lost $3.3. Daily trading volume (13.46 million shares) increased, making up 676% of the 21-day average (1.99 million).