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

Published: September 18 2022, 18:00 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 closed at 3,873.33, a 0.72% change. Nasdaq closed at 11,448, a 0.9% change.

-21.4%: FedEx closed at $161.02 after suffering its largest single-day drop of $43.85 since September 2021

FedEx Corp traded at $161.02 after making its biggest single-day drop of $43.85 (21.4%) since September 2021. FedEx has been dropping for 5 days, losing $8.97, with Friday's session maintaining the downtrend. Daily trading volume (34.20 million shares) was above the current multiday average of 3.17 million.

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

Continuing its a 5 day bearish run (-9 cents), Inspira Technologies Oxy showed losses Friday. Daily trading volume (114,421 shares) was higher than the current multiday average of 61,955.

-20.3%: bearish NCR declines $5.91 (20.3%)

Friday's session continued down the same path: after ending Thursday at $29.11, NCR dropped to $21.64 early in Friday's session and closed at $23.2. Overall, it lost 20.3% of its value. NCR's market cap is currently $3.18 billion with an average daily volume of 1.99 million shares.

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