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

Published: September 17 2022, 21:00 GMT+0

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

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

Following yesterday's session, leading equity indices in the US declined as S&P 500 closed at 3,873.33, a 0.72% change. Nasdaq lost 0.9% and ended the session at 11,448.

Amid the market gloom, United States TIC Net Long-Term Transactions (Jul) came out at 21.4 billion, while a consensus of analysts was expecting 121.6 billion.

-21.4%: bearish FedEx declines $43.85 (21.4%)

More of the same from yesterday's session: after ending Thursday at $204.87, FedEx Corp fell down to $155 yesterday and closed at $161.02 — losing 21.4% of its value. FedEx has a market cap of $41.85 billion with an average daily 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 Earnings Per Share estimate is 5.17 and the consensus revenue estimate is $23.62 billion.

-14.2%: Inspira Technologies Oxy ticks up 17.93% in after hours trading; currently at $1.71

Yesterday's session continued the recent downtrend: early in yesterday'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 61,948 shares.

-20.3%: NCR closed at $23.2 after losing 20.3% yesterday

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