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

Published: September 18 2022, 03:00 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.

Following Friday's session, leading equity indices in the US declined as S&P 500 was down 0.72% before closing the session at 3,873.33. Nasdaq lost 0.9% and ended the session at 11,448.

-21.4%: FedEx ended the session at $161.02 (-21.4%)

Friday's session continued the recent downtrend: early in Friday's session, FedEx Corp dropped to $155 from $204.87 at the end of Thursday, before closing at $161.02. During the session, it lost 21.4%.
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 under-performing 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 fell by 14.2% Friday, its largest move since 8 weeks, but climbs in after-hours trading

Inspira Technologies Oxy dropped by 14.2% (24 cents) Friday, its largest single-day drop since Jul 22; however, it is currently turning things around in after-hours trading as its goes up by 17.93% to $1.71. Friday's 14.2% loss extends a 5 day bearish run in which Inspira Technologies Oxy had already lost 9 cents from its share value. Daily trading volume (114,421 shares) increased, making up 185% of the 21-day average (61,955).

-20.3%: NCR dropped by 20.3% and closed the session at $23.2

Friday's session continued down the same path: after ending Thursday at $29.11, NCR fell down to $21.64 Friday and closed at $23.2 — losing 20.3% of its value. The company has a market cap of $3.18 billion with an average daily volume of 1.99 million shares.

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