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

Published: September 17 2022, 15:00 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.

A review of what happened yesterday: leading equity indices in the US declined as S&P 500 shed 0.72% and closed at 3,873.33. After dropping 0.9%, Nasdaq closed at 11,448.

Meanwhile, United States TIC Net Long-Term Transactions (Jul) released yesterday at 20:00 UTC with a figure of 21.4 billion, while the previous figure was 121.8 billion.

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

More of the same from yesterday's session: after ending Thursday at $204.87, FedEx Corp dropped to $155 early in yesterday's session and closed at $161.02. Overall, it lost 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 under-performing the S&P 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% yesterday, its largest move since 8 weeks and a half, but climbs in after-hours trading

Inspira Technologies Oxy dropped by 14.2% (24 cents) yesterday, 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. Inspira Technologies Oxy has dropped 9 cents over the past 5 days; yesterday's session continued this downtrend. Daily trading volume (114,421 shares) increased, making up 185% of the 21-day average (61,948).

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

Yesterday's session continued down the same path: early in yesterday's session, NCR dropped to $21.64 from $29.11 at the end of Thursday, before closing at $23.2. During the session, it lost 20.3%.
The company has a market cap of $3.18 billion with an average daily trading volume of 1.99 million shares.

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